I live in california and have been speaking to my CPA about creating an LLC for purchasing property. He advised against in for properties in california because of the associated costs/tax with little extra benefit. I...

Hello all,I am a homeowner looking to supplement my income by purchasing a second home, preferably a duplex, and renting it out. The only problem is I only have $15K saved. I am looking to purchase properties in the 5...

Here is my scenario:- I sell my duplex which I owned for 7 years - I lived in the 2/3 portion and use the remaining 1/3 for rental all 7 years- Selling price 1 mil.- Am I correct that I can 1031 the 1/3 rental portion...

...with a 2 year old llc (no rental income) and no primary? Just based on these 2 parameters.

Also, whats the chronology for turning a primary into a rental?

Hi

Are service members/vets subject to gains tax where they purchased home with VA loan then rented it out for more than 2 out of the last 5 years?

Thx!
M

Im going to househack a 2-4 unit SFR using an FHA loan. I am also trying to utilize the first-time home buyer down payment assistance program, but the site says they don't allow investment opportunities. If Im living ...

HI All,Just wanted to say hi! Newbie to real-state and looking to learn ahead of first rental we are planning to find/acquire in ~12-18mo.  I live in the Cincinnati Area and looking to focus on single family residents...

My wife and I own four units and we’re making the jump to double digits. Do you take out a second mortgage on an Airbnb that you never wish to sell that’s almost paid off  or do you take out 100 grand against your pri...

Hi everyone I just closed on my first property at 60k. I'm interested in obtaining at least 3-5 more properties by 2019. I've been trying to figure out how do people obtain 5, 10, 15 properties. I read a little about ...

All,I'm pretty amazed at the collective strength of such an amazing community. After spending a whole couple of days reading through various forum posts, I'm still not clear on how people who invest in 100s of investm...