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Hey everyone! I’m from the Philadelphia area and am looking to get in STR. Although I do not currently have a STR I was starting to think about tax season. I was thinking about obtaining a CPA for the upcoming tax sea...
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Has anyone had good/bad experiences using "The Work Number" for employee verification? We usually ask for pay stubs and do not formally verify employment. But, we have a perspective tenant whose income we would like...
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I'm attempting to refinance a 2-unit rental property I've paid down over 15 years, but feeling discouraged. Currently there is 150k left on the mortgage at a high interest rate of 5.5% at a fixed 30, and I was hoping ...
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Howdy everyone. I'm considering the purchase of a small home in Western Washington as a STR. One of the intriguing things about adding this home to our portfolio would be the potential tax benefits of doing a cost s...
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I am exploring STR as a strategy to use accelerated depreciation to offset my W2 income. I am exploring the acquisition of a property that is a SFH but has a couple of ADUs in the same lot. Now ideally I could STR all...
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Hello All, I have been having good results with investing in buy-n-hold rentals using my ROTH SDIRA, SOLO401K and regular 'cash' investing. To me they each have their place when looking at goals; a combination of some...
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Real estate investors will not spend a lifetime deferring capital gains tax by taking advantage of the 1031 Exchange to simply throw in the towel at the end of their “active” investment life. Logically, investors will...
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Hey everyone, About 18 months ago I attempted to do my first flip but ended up having to keep it as a rental. I was still new and didn’t know anything about bigger pockets so I totally relied upon my real estate agent...
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After living in my househack for about a year, I am currently looking to purchase househack #2 and move into that one. However, financing has been much harder this time around because banks cant seem to recognize the...
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Hello, I'm beginning to explore purchasing my first property with loan financing. I do not have much employment income, but I do receive Required Minimum Distribution (RMD) income from an inherited IRA account (from ...