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I just started looking at foreclosed / pre-foreclosed properties in Boston and getting really excited. I want to temper that excitement a bit because I understand there's a considerable amount of risk involved. I just...
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BACKGROUND: I own 6 properties in 3 states (CA, AL, and TX), plus I moved to UT this year. This means 3 state files (nothing for TX) plus the federal. I can handle all that in my taxes as I have for years... BUT I did...
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Hi, I am currently house hacking a triplex. It's my understanding that an individual is allowed to deduct up to $25,000 in PASSIVE losses against ACTIVE income if and only if that individual earns less than 100k MAGI ...
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I'm under a contract to buy a fixer and the title company notified me the property has liens and the seller need to bring in additional funds around 20k to close it. The seller does not have the funds to cover the lie...
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I am planning to take mastermind courses for real estate investment business. Different programs costs $2000-$13000, yet to finalize. I wanted to know what's the best way to go about it so that I can tax write off tha...
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Team, I'm finishing the renovation of an entire 6plex in NE Minneapolis. Toying with the idea of leaving 2 of the units for AirBnB or short term, fully furnished. Wanted to get your thoughts on this, lots of chatter r...
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I'm having a hell of a time finding a 1031 exchange intermediary. Anyone have any recommendations in the Maryland area? Also, does anyone know the cap dollar figure for the 1031 exchange? I hear it's 5.5 million. ...
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Hello everyone! I'll be closing on my first house hack tomorrow and I realized that I have no idea how I'll be collecting rent. My first thought was just Venmo or some P2P app like that, but then decided I probably wa...
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Hi can anyone recommend a good website that provides good RE market data and indicators?I'm talking about showing population growth of a certain area, job growth, average salary, average age, history of average home p...
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Investment Info:
Townhouse private money loan investment.
Purchase price: $160,000
Cash invested: $42,000
I started my journey to purchase Tiki Dr for my Airbnb property by searching for the perfect ...