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I am looking for advice on how to proceed financially.
Here is a snapshot of my finances:
I have one rental unit which nets me roughly 250$ a month, the balance on the mortgage is 108,000$ which I have paid down fro...
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I have a question about long term capital gains. My original basis in my primary residence was $230k. I refinanced at $600k with cash out. Is my basis still $230k or does it increase to the $600k? I'm trying to figure...
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Anybody use this for airbnb? What are the optimal customizations to use?
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Or do they only depreciate, similar to mobile homes?
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Is there an average math calculation folks are using to determine the vacancy rate for this strategy yet. I know folks use 5% for LTR - keen to know whats happening with this new market?
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I need to get back into calculating deals everyday. Been focusing on my current duplex I'm self managing a lot recently and I still feel like I need to get back to deal calculating to hone the skill that I feel like I...
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I recently built a 3 bed 2.5 bath house that has an unfinished basement. My father and I are handy and have almost finished the basement, adding another bed, bath, and living space. I currently house hack the 2 finish...
If HELOC funds have been used as down-payment for the purchase of a rental property, would the interest paid on HELOC be tax deductible?
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Hello Everyone!We are looking to purchase rentals (buy and hold) in Philadelphia suburbs. Anyone have thoughts on Drexel Hill? Crime looks ok and some job growth but I noticed that the population has declined since 20...
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I am looking at a mixed-use building and the hot water system looks squirley. 9 residential units and 2 retail store fronts share one commercial hot water heat of 75 gallons. Landlord pays the hot water expense and, ...