Hi! Could someone please clarify the following: Assuming we purchased a property for 75k cash 5 years ago, sold it for 300k in 2022, reinvested 200k in a 1031 exchange, and were left with 100k boot....1. Can we deduct...
I'm starting a new job next week. It's more pay than my current job and still a W-2. My husband and I are looking to buy our first rental property. When is the best time to get preapproved for a mortgage?
I have a personal rental listing that received a rental application last week, which was accepted. Those applicants have not yet signed a lease or paid a deposit due to their family having a busy weekend. Lease start ...
Investment Info:
Other other investment.
Purchase price: $50,000
Cash invested: $50,000
Built an ADU
What made you interested in investing in this type of deal?
Add additional income and...
I have a snowbird who is currently staying with me. She'd like to return for a similar time period annually, and would like to use her credit card for airline points. I currently have her booked through an OTA and w...
Hi all,
Three tax questions hoping folks might have experience with 1. If we are selling a rental property that we lived in for the first three years, moved out, and then rented for the subsequent three years and we...
Hello All,I recently bought a property which I used a private lender. I'm currently working to refinance the property and ran into a few issues/concerns. The loan amount is only 32k so many of the banks i have tried...
Hi all! I’m trying to convince a homeowner that seller financing is a good deal for both of us. So far I’ve thought of the following benefits for them, and I’m looking for help to see if the upsides are valid and or i...
How accurate is the Zillow Mortgage payment calculator?
Good morning BP, why should you invest in Atlanta over other cities? Strong job growth: Atlanta is one of the fastest-growing cities in the United States, with a strong job market. This is a major driver of demand for...