Anybody have a good way of analyzing a weekly vacation rental condo or house?
Navigating tax responsibilities can be complex, and one common area of confusion is whether private lenders should send Forms 1099-INT to investors and if investors should receive Forms 1098. Let’s break down these pr...
A cost segregation study was performed on this single family home in West Palm Beach, FL purchased in 2023 with a depreciable cost basis of $841,850. The home is 2 stories and 2,806 square feet and was constructed in ...
I bought a duplex and feel like I did everything wrong from over spending on renovations to who I hired for contractors. The learning curve a killer but now I am stuck on unloading my burden selling it to break even o...
I am interested in purchasing a MFR that has a substantial amount of personal property associated with it. I am in IL and the owner pays for the TAX at the time of closing and I feel that the Taxes are high in compar...
I am trying to implement the house hacking strategy here so there is this condominium.Asking price $115,0003 BR 2 Bath1008 sq ftHere are my expenses that I've accounted for when analyzing it with an FHA loan 3.0% inte...
Hello All,I know this is a very common question, but I'm curious what people will say. We recently sold a duplex that was no longer a good investment and made about 160K off of it. I still have about 50K in student de...
As an independent contractor years back I was able to exceed traditional 401k limits w/super/megaroth. This was glorious. Since then the company which provided the solo 401k was acquired, rules changed so that now (in...
Hello everyone, I work as a traveling professional and want to invest in real estate. My life is pretty chaotic with moving around, so I was considering turnkey investing.Is this a good idea for my situation, or are t...
Again, not super cleaned up. Copied and Pasted off of my notes on my iPad. Enjoy!Dave Ramsey Money Makeover Chapter 1: Total Money ChallengeChapter 2 DenialFrog in Warming Water example - If a frog jumps into a BOILIN...