Lance Lvovsky
Tax Reform: IRS clarifies interest on HELOC often deductible
There seems to be confusion regarding how the new Tax Laws affect the interest deductibility of home equity loans and HELOCs. A lot of folks think the new laws do not allow deductibility of interest on their HELOC. Wh...
Grady L.
Tax question with home equity loans
Forgive me if this has been asked before. I have searched and haven't found anything.
I am trying to figure out all of the tax pitfalls when it comes to using a home equity loan to purchase additional rentals.
Her...
Alex Silang
"Biggest mistake" was to do out-of-state turnkey investing
So I'm in the process of looking at turnkey investing. I even made a post about it on BP but it didn't get many responses. A blogger I follow is "FIfighter". He's pretty reputable in the financial independence blogosp...
Arn Cenedella
Rich Dad says a home is a liability………
Many investors quote Rich Dad to support their contention that a HOME is not an investment.Often this is done as an argument to invest capital in their commerical real estate deal instead of buying a home. Let me also...
Kenny Lewis
Refinance from VA loan to conventional
My wife and I bought our first home with a VA loan. I've heard it's a good idea to refinance to a conventional loan to enable the VA credit to be used again. How would I go about doing that and are there better loans ...
If you’re looking to build wealth through real estate or start your own business, there’s one crucial skill you may be overlooking—learning! The faster you can learn, the faster you can earn. So, how do you optimize y...
Matt Parker
New OR house hacker questions
Hey BP family,I found a duplex off market that I intend to house hack with my VA loan. The seller is an older guy and wants to retire from real estate. He’s had the same tenants in place for almost a decade and their ...
Why are rock stars turning to real estate side hustles to pay their bills? During the lockdowns, many musicians, gig workers, and creatives saw their income streams dwindle. There were no shows to play, no tours to at...
Account Closed
creative owner financing
since the party is over now and there is no easy money to be had by non qualified borrowers, we as investors are going to need to continuously come up with innovative and creative means of financing to get deals done....
Gareth Fisher
What you wont hear any investor tell you
I have been involved with flipping properties since early 2000s. First subbing out as a carpenter for several local investors and builders. When the market dropped out in 2008. Everyone I knew including myself we...