Hi fellow RE investors,
Quick question, I have been reading on QBI and I know that passive rental income qualify for the 20% deduction from QBI. However, when I sell the rental property, does depreciation recapture ...
I'm in my mid 20s and I'm planning to buy my first place to live. My income currently is 40k annually, have high credit score. However, with my income I will not be able to quality for mortgage for even a studio apart...
Hi Folks, I think a lot of us are aware how great depreciation is for people who own investment properties. However what about for new investors trying to reduce their taxable income but not reduce the income underwri...
I recently found a mobile home park with good cash flow. Actual number provided below. The mobile home park is located in the city so there is barely any space between them (great for lack of landscaping maintenance, ...
Is there a rule that says you can't use your income to qualify for a mortgage if you don't have a two years of continuous history of working at the same employer? We have talked to three different lenders that say we...
The DoD recently released the 2022 Basic Allowance for Housing (BAH) rates for military service members. BAH rates will increase an average of 5.1 percent when the new rate takes effect on January 1, 2022, which is t...
So I own my house and want to pull out as much equity as possible to buy multiple homes. My question is will I be able to do this while working A salary job at Amazon and having poor credit right around 600? I should ...
Hypothetical Situation:Between myself and my girlfriend (who are looking to buy a multi) we make about $60,000/yr before taxes. The rental income for the area we're looking at is around $950/unit. We could do a MassHo...
I own four acres with a 40 year old house on the land no insurance just a gift from my grandmother I want to fix it up keep it also want to buy some property and do the same. With my income being only income tax for ...
Hi All,
Last week, I quit a really good job to take on Real Estate Full time. I have been passively doing real estate for about 10 years (selling and helping friends buy). It's a passion of mine however, in an effort...