Want thoughts on this idea. The home I want to rent out has no mortgage on it and looking to pay off a bigger and better home.
Hello CPAs! I am struggling to get a definitive answer to the question - are payments from a Performing Note passive investment income or are they ordinary income? I have seen it described as both - and lets face it, ...
Good fortunes and some changed some life plans have me very confident that I will be in a position to purchase another property in about 6 months. This will be a new personal residence. I will convert my current resid...
Parents retiring in approx 18 months & own a house they use minimal. Some simple numbers:
Sell as is at $350 to 375k with maybe 25k of updating/min repair. It is a 4/3 & 20 years old
White collar, golf cou...
I would like personal and professional opions, also I would like to hear from some people from the Chattanooga Tn and Ringgold Ga area. Problem #1 my current cash money lender is my mom and I know, but this is somet...
Hi All,
I am currently looking to acquire my first rental property. I currently own my home and am looking to move out and turn the house I live in right now into a rental. With that being said, all of the lenders ...
hey all. I bought my home 5 years ago near the bottom of the market for 97k. Now after a little work and a booming market its worth about 230kk.I'm planning on a refi in September to pull about 120k out (staying below...
My parents own an Investment house in Columbia, SC. The Address is 1035 Karlaney Avenue, Cayce, SC 29033 located less than 5 minutes from campus and Columbia. . You can find it on Zillow.com listed at $164,900. Its be...
Hey BP, I'm new to the forums and thought I'd jump right in by asking for advice on a potential deal. It's a 44 pad mobile home park, and although I don't have any experience with MHPs, the numbers seem interesting en...
Hello BP!I am asking this question so I can evaluate the responses and see if one strategy is more favorable than another. If you had 200K to invest in real estate, would you rather buy one property (an upper/middle c...