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My wife and I are looking for our first investment property.We plan on growing and becoming financially free.Is it best to take the robert Kiyosaki spring and take as many deductions as possible to keep from paying ta...
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Question. My company in the USA is selling fishing packages to the Brazilian Amazon Jungle and earning commissions by trip sold. My plan now is to buy Real Estate with these commissions. Does the depreciation (cost se...
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I’ve got a piece of land valued at $45000. It’s two acres. It’s oddly shaped, but has great road frontage. I’ve decided that the best course of action is to purchase a mobile home to put on it and rent it out. 4 bedro...
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Hi BP! I am looking at purchasing this property as a primary residence. I would be living in the property for 6-12 months before turning it into a rental; I have made my lender aware of my long-term plans for the prop...
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So I’m looking for an intermediary to help me with a 1031 exchange in Philly. Also any advice for this is my first time attempting an exchange. I’m looking to sell 4 houses and buy an investment property down the Jers...
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Hi everyone!
I have decided to rent out my house in the bay area. My monthly mortgage interest is $3700, property taxes are $1000 per month and I pay around 50 bucks a month for insurance. Let's call it around 4900...
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If a seller of a vacant (and run down) property get's debt forgiveness in a short sale, are they liable tax wise (to the IRS) for the forgiven debt if the house was a rental at the time of purchase?
How about it was ...
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Hi Everyone,For a Long Distance out of state investor where would you recommend looking for an accountant . The state you are investing in or the state you live in?
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I'm curious if there are laws against being a landlordi n 55+ communities. Specifically South Florida. There are a couple neighborhoods near where my father lives that have very low cost units for sale and some of the...
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I might turn my current residence into a rental property and move elsewhere. On average, 3/2 homes in my area rent for ~$700 more in my area than 2/1 homes. My current residence is a 2/1. I figure if I can add on a be...