I see lots of article explaining “how to retire with rental properties”. But I rarely, if ever, see any posts detailing those that have done it and live solely off the rental income. We are still in the process of pur...
If you plan on house-hacking, especially in a duplex, you effectively cut your potential rent in half. And if your total rent is halved, the numbers you run on your analysis are not going to be accurate. With that sa...
My wife and I are trying to determine if we want to sell our property and capture all the capital gains or hold the property and possibly incur some costly repairs.We turned our previous home into a rental property an...
Hi everybody, I'm just getting into my first real estate venture and I could use a little guidance. Here is my situation:1. I'm 26 years old with a steady job as an accountant.2. I have a trusted real estate agent who...
I have always thought it was at the capital gains rate, but someone today told me that the gain on the sale of a primary residences is taxed at the ordinary income rate. Can someone clear this up for me? Thank yo...
Hello all,
I recently purchased my first rental property in the form of a four unit apartment building. I've already made several improvements to the property including new gutters, french drainage system, some mode...
I'm in the process of making my first purchase. In the last several months I've tried to buy a property within the city of Miami. However, do to the current issues with insurers leaving the state and requiring buildin...
Hello,Total newbie, so forgive if I am missing some things. I would like to invest in a house hack in my area (Sarasota, FL) and everything you hear on the news is about how high interest rates are and that they will ...
Hey everyone, had a debate with someone recently and I wanted to verify with all of you. I was told you have to pay capital gains tax on your primary residence and that you can only do a one time tax break to avoid i...
As a newbie, I was excited about the prospect of getting into real estate investing. I have several hundred thousand to invest, but I am simply not finding any worthwhile deals after looking at hundreds of potential d...