I was doing my 2019 taxes, and my accountant says that the added value of my condo investment cannot be depreciated. Say What? I bought November 2018 for $215k and rehabbed. Been renting very well for short term occ...
Soooo.... I am at the home stretch of completing my rental property and I am on the fence about accepting Section 8. Apart of me wants to accept it based off of the guaranteed income. Especially if I am able to put a ...
Hello all,
I'm counting on some advice and help with q's here, as I'm committed to attending my 1st tax deed auction in upstate NY (Catskill, Hudson R. area) on Sept. 11. I'm already researching many parcels...
What are the benefits with networking with other wholesalers?
Hi i'm venezuelan and i want to start my wholesale business in miami, fl. I apreciate your help. I'm looking for mentors, partners and friends to help me ask my questions and guide me. Since last may i start my Journe...
Good afternoon everyone and Happy Holidays! This may come across as an unusual post but I've come to a tough point in my path to becoming a real estate investor and would greatly appreciate some help/guidance. I come ...
Those of you that do a combination of long-term investing and short term flips? I am fairly new to investing, but I always thought I'd hold everything I bought and simply build out my rental portfolio.I have a propert...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $315,000
Cash invested: $110,000
Sale price: $550,000
My partner and I held it for 16 months and in that ...
I am interested in househacking a duplex that is FSBO and not listed anywhere online. 3/1.5 & 2/1 that are outdated. Asking is 500k though I know there is plenty of wiggle room to come down. The gentleman believes...
I've been researching the tax liabilities associated with the "final exit" after a series of 1031 exchanges. I have had some folks caution me that they "can't afford" to exit after 30 year of real estate investing bu...