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Hi everyone. There are two houses on my property. The main house is 1600 sq ft that my family lives in and the house in the backyard is 800 sq ft and is rented out. We have put a lot of money into our property since b...
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A few questions.
I have a property bought in 2017 as a renovate and resell property.. I never rented it or lived in it.. Sold it in 2020.. Owned 1 year 10 months.
1. would RE property taxes Paid in 2019 be deducte...
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Investment Info:
Single-family residence buy & hold investment in New Braunfels.
Purchase price: $189,000
Cash invested: $47,250
This was my second rental investment.
What made you inte...
So I have a question for the experienced and professional BP members.
I set out 2 years ago with a goal of purchasing one property a year until I hit my retirement to help supplement my retirement income. My problem ...
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Im looking at buying a SFR in a mountain community in Utah. The homes in the area go for over a million. The house that I'm looking at is for sell for $427k and needs about $450k in rehab to get it to the million doll...
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Hi everyone! My wife and I have identified our goal, $70,000 in passive income in 10 years time. What we need help with is identifying a strong enough strategy that could help us accomplish that goal. Can anyone recom...
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I am looking for a good tax accountant for my real estate investing and property management business. We currently have 11 SFH and are looking to expand to 16 by the end of the year. I am looking for an accountant wel...
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I've prepared our taxes for years using software like TurboTax. Our tax situation is pretty standard, but in addition to a W-2 from my husband's employer, we own two small "businesses" - a freelance company and a real...
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How can I invest in this deal?
I am looking to invest in a multi unit building with some partners. I want to use money from my SDIRA. They will both be using personal funds.
We are going to set up an llc.
My quest...
I bought a single family home April 2018 using the VA LOAN. It is my primary place of residence and the only property I have.I’m planning on renting out 1 of my spare rooms to a close friend. I pay 1,300/mo on the mor...