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I refinanced one of my houses into a 30yr FHA loan back in January of 2013.The FHA appraised value of the property at the time was $326k. The loan amount for the refi was $255k.Since closing occurred prior to June of ...
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Hi experienced flippers, especially those in the Phoenix, Arizona area...I'm closing today on a fixer in the Phoenix area, and expect to have it listed for sale by October 2017. I've been calling around countless insu...
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So...if one receives a large insurance claim and decides to pocket it initially to pay off a mortgage and later does the property repairs what are the tax consequences? Using the dollars to pay off the mortgage initi...
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Hi Bigger Pockets Community! Merry Christmas and Happy New Year to you and your family.
So, I am going down the rabbit hole of researching moving my 401k and my wife's 403b from a former employer to a Solo 401k and...
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Hi,I purchased my second investment property in Houston Texas last month and I'm looking to insur this property as soon as possible. I've shopped with StateFarm to get the dwelling (home insurance) policy of my first ...
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Hello All,I'm in the process of purchasing my first rental !! Now, I am looking for home owners insurance for my property. I been looking but some are a bit pricey affecting my CASHFLOW !!!. Can anyone refer me a to ...
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Hi, I have a small rental property in Tampa FL, that I need to get interior condo insurance on. It is a 2/2.5 town home, approx 1000sqft, An appraissal came in at $40,000. Property does not require flood insurance. I ...
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Looking for a feedback from tax experts on the following scenario:A client is a self-employed (has an LLC taxed as S-corporation). Pays himself reasonable salary of 35% of the business's net profit. Pays health insura...
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Question on behalf of my daughter. I own my own home and am currently am living elsewhere. Looking to rent it out but am a total newbie to land lording and have many questions. I have my own homeowners insurance. Woul...
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I just purchased a new home with the intentions to rent it for a few years. I had it professionally inspected and they found the roof to be "relatively new and in good condition". I just heard from my insurance comp...