Hello, I recently inherited a home in Solano county, the home is paid off and was owner occupied since built and was well taken care of with multiple upgrades over the years. I initially intended to rent the property ...
My accountant is worried about my home being sold some day, and the rule about 2 out of the last 5 years rule?
I'm looking for some help with the IRS rule 262 Or Publication 523.
I've owned my principal residence ...
Hello All,
I need all the input as possible. My strategy was to buy duplexes, triplexes, and or fourplexes, then hold them then rent them to tenants. I would buy properties in Miami and broward county. With decent ...
I've been looking into yellow letters and other marketing and it seems like so many say all-cash offers. Do they all have "bigger pockets" than me?
I purchased my first rental property in mid-February. Manufactured home on 3 acres. Hours after closing I signed my tenant. Worked out perfectly and my tenant has been awesome. For example tenant has painted the inter...
I recently purchased a property that I am planning to build a new home on. I paid cash for the lot and am looking to finance the build through a construction loan. I would like to be the GC. I have extensive experie...
Hello fellow BP'ers,The wife and I are having our first not quite sure what to do moment as landlords. Background: We bought our first duplex in October 2018. We inhearited 2 tenants that were had been there for 3 yrs...
So currently, I am 29 and for all intents and purposes, half of my income is from rentals. Also, the income from my rentals cover all expenses. This means that what I make working is mine for savings, other investment...
Good evening everyone,
I would love your advice. I'm still fairly new into investing, and I have not done any deal yet, but educating myself for the past 7 months reading, studios, videos etc..., and I listen to the...
Hello everyone! I am trying to buy my first real estate investing property. I am under contract for a property at $389k, I will be using an FHA loan with 3.5% down payment. This is a 3 unit building with tenants on th...