Richard Talbott
Multi-family with $375-450/mo rent - Good Idea or Not
BLUF: Is it a good idea to invest in low income properties or is it better to focus on properties that will attract middle income tenants?Good Afternoon Everyone,After telling everyone I know that I am interested in i...
Jacques L Burnett
Veteran Housing or Low Income Housing - Looking to invest
I am looking to invest I have a Duplex that I have 1 low income tenant who has been there for 20 years and has been a great tenant. I am looking to expand my portfolio and one of the things I have always wanted to do ...
Dan Hess
Can I deduct inspection fees on rental we didn’t buy?
My wife and I are looking for our first rental and went under contract but it fell through. So two questions:1) Can we deduct inspection fees?2) Can we deduct inspection fees for a home we didn’t end up purchasing as ...
Tiprin Lujan
Net Operating Loss or Suspended Passive Loss?
Last year I had rental losses totaling -$15,727 and unemployment income of $4,500. TurboTax combined the two which resulted in an AGI of $-11,227. It indicated I took the standard deduction and put the full -$15,727 l...
Justin Summers
Death of grantor of Revocable trust and future taxation
My Mother passed this year and had all her real estate (8 rental properties netting about $100k per year) in a revocable trust I'm the trustee of the trust now. It's my understanding that the trust has automatically ...
Pearl He
Rent income based loans?
I am new to real estate investing, but somebody suggested that since I am able to cash out 400K, that I should purchase a ~700K multifamily property for rental income. I am not able to get additional conventional loa...
Elisa Rafol
Tax Shielding income w/ RE
With an income of $250k, taxes are killer. I know there's a better way...Assets:160k in a fully owned home (renting w/o an LLC--need to set this up pronto)65k in a financed home (going to rent w/ an LLC)35k in a fina...
Stanley Scott
Holding a mortgage on a property
Hello All,I have a question about holding a private mortgage on a property you own free and clear. It seems to be a viable way to generate passive income from real estate investing, but I'm not sure. Most investors pu...
George Germanos
Starting At 16 Years Old
Hello,My name is George and I'm 16. I have been putting a lot of emphasis on my future and have formulated a plan as to what I am intending to do. As of right now my plan is to have multiple streams of income coming i...
Joseph M.
1031 Exchange into a Fund Like the Ones on Fundrise
Can you do a 1031 exchange from a rental property into funds like the ones on fundrise.com?