Is having a ton of rental properties & installment sales in a massive 1040 tax return - an IRS audit flag?? I have about 60 rentals and 25 installment sales. I'm continuing to add more over time. Most are cheapie ...
Just thinking out loud here. I hear comments along the lines of, "jump in while interest rates are low/before they go up" all the time. I was wondering what the effect would be if they go up.
Always having be...
I also posted this under the General Real Estate - Renters discussionCan anyone point me to a forum or other discussion on how the process works when you are buying an exiting property that is already being rented out...
It's gotten to the point that I'm 1031 exchanging some of my rental properties for additional rentals. Started out turning primary residences into rentals but held them long enough in most cases that I now have to 103...
I'm looking for an investor-friendly agent in the College Station, TX area. I also need referrals for a reliable property manager (in that area). My goal is to purchase a great deal before my son heads to A&M fo...
Hi everyone. Thanks for taking an interest in my post. I've been in the market for a property in my agent's neighborhood, which is how we came to find him. During the months of searching for the perfect property, his ...
Ok, this is going to sound very different but.....I am not quite exactly where I want to be with my goals yet at 26 years old (10k a month cashflow on PAID OFF properties) [NO DEBT] but I am however VERY VERY close. I...
I live in the beautiful city of Carmel, IN. I'm originally from Ecuador and lived in Los Angeles before.
I am a software developer and I have a passion for computers. However, my team was let go about five months ago...
How has your turnkey adventures gone this year? Any providers go above and beyond?
What trends and regions to you predict will happen next year?
So quick backstory about me.. I have 2 rental properties on Long Island, NY and they're both located in the same town.
Property #1
-Legal 2-family duplex (2 units)
-Does not need to be owner-occupied since it’s a l...