Why should we still invest in real estate? Are there no better options, like a REIT's, Stocks, Bitcoin, or other things? Finding good cash flowing deals are damn near impossible. Prices are through the roof, Insurance...
Hello all! For the past three years or so I have been very interested in doing a house hack. I am in college and just starting my junior year. I have around 20 -25k to invest into a house hack in Lafayette, Louisiana....
Hello BP, Long time, no talk. I am in the midst of acquiring my first rental property. My dilemma is I am looking at 2 properties that are polar opposites when it comes to cash flow. Here is how the numbers stack up: ...
Hello and thanks ahead of time for any answers you can share!
I hold a first mortgage note on a single family home. When I go to sell it to a broker, do I have to pay taxes on the sale? The note is 3 years in...
I am a fully commissioned 1099 insurance agent. I bought my first house 3 years ago for $269,500. I am now looking to put offers in on second home/airbnb rental properties that are right around this price. The most ex...
Hello, Has anyone applied for the ppp loan as a self employed flipper? From my understanding the forgivable loan amount depends upon the total gross income reported on 2019/2020 tax return. But, I reported my profit f...
How do investors handle rental income and student loans? I’m in the PAYE repayment program where your payment is based on your income. My tax lady said it’ll be considered a loss and not to worry about it. I just want...
Pretty sure I need some local Real Estate CPA tax advice, but thought I would post real quick to get any thoughts. Planning on reaching out to some CPA's next week.
Some Facts-
Purchased Property 07/26/2019
Price ...
I'm in the middle of a deal. I can't get on the same page with the sellers. They seem to think the property is worth a lot more than I perceive. The tax assessed value $22,000 less than the listing price. There are no...
Hi guys, I'm kinda losing my mind over here. I'm from South Africa, and I want to get into property, namely buy-to-rent. The things is, no matter how I mess with the numbers, I always seem to get a worse return than I...