Hi everyone,I'm an investor in Florida from out of state (New Zealand). I'm doing some research on assignment deals (in the context of wholesaling), and i'm wondering what the situation is in Florida if an assignee (i...
Hello,I was wondering what is the impact of rental income on your modified adjusted gross income (MAGI)? Do you get to take all the deductions and depreciation from the rental income before it gets added in against y...
Does anyone have some input on the following.
We've changed the numbers, but the structure is basically the same.
$2,000,0000 real estate contract.
to be paid as followed.
Original downpayment
$25,000 paid in 200...
This is for future reference, just wanted to ask what you guys would do.I'm currently working on getting my real estate license so I can get access to the MLS. Let's say I come across a deal where a person has a home ...
To begin, I am new to this board so I apologize if this is not the correct place to make this post.Family background:My grandparents both passed within the last year and a half. They left all of their assets to my mot...
Hi all, So I recently got approved for a HELOC of 70k from my primary residence. I am just starting out in real estate but financing a home is very difficult. I have been thinking of using a Heloc to cover the down pa...
Eventually I would like to turn the house I am currently living in into a short-term rental property. I read the bylaws and covenants of my HOA and it makes no mention about renting or short-term rentals. The other ...
Hello,Preface: I own a duplex in which one half is currently rented on a long-term lease, and I live in the other half. I am actively looking to purchase a second property to live in, and renting out the full duplex. ...
Good morning,I was looking to buy a list off of either list source or something like it, and then write letters to get some off market deals in my area. I was wondering if I should get a PO Box set up to do this or j...
My property was previously managed by a property manager, but I decided to manage it myself. Unfortunately, the tenant has become non-responsive and did not make the October payment, even though I shared my payment de...