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Ok so my hubbie and I have just rented our 2nd house and we are looking for a new way to find our new temporary home that will be our next rental. We want to participate in the tax auction, where land owners have not...
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Lived in it from2013 to 2015, then rented it out until 2018 at which point I moved back in for 2 years. Total time rented, about 4 years, total time lived in, about 4 years.Bought 145K plus 5K closing costs, sold 416K...
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Hello, I recently bought a home for about 30k and the home had about 16k in repairs to get it rent ready. I believe this will be added to the cost basis and the cost basis will be 46k but I just wanted to make sure. O...
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Hey folks,Have an opportunity for a very exciting deal but would some love some input from the creative financing crowd to help optimize it/make it work.Long story short, I have an opportunity to purchase a 32-unit co...
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I am preparing to dip my toe into tax lien auctions in Baltimore City this May. I am logging potential properties I am interested in BUT I am confused as to the bid itself and the actual high bid premium1) When I subm...
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I am in final negotiations on acquiring a property that was inherited. The property is in a good location, thus attaching $value to the purchase price, but there are years of deferred maintenance, and a full rehab is...
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So i was researching about passive losses and i found out that i cant claim passive losses if i dont materially participate in the property or (if i am not a real estate professional). How can you show material partic...
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Hi, I am new to real estate and I bought a house recently and planning to house hack by renting the basement out while I live in the house for a year or 2 and then move out and rent the whole house. My question is sho...
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Is it possible to transfer a property from a LLC to an individual? I'm looking to BRRRR a property and the HML I'm looking at using requires the property to be in a LLC. Could I transfer the property back to myself to...
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I am bidding on a "bank approved short sale" through auction.com. I've been offering $400K for a house that is at least worth $550K retai... if it weren't occupied by a cantankerous personality, threatened with for...