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...
Hello all,I am planning on buying a property in Daytona Beach. At the beginning I was planning on buying the property as investment. Later it occurred to me that I can I can buy it as a vacation home, while I go visit...
Hello, new investor here. I have been trying to educate myself as much as possible and decided to attempt a BRRRR strategy for my first property in Las Vegas. I found a duplex that requires some rehab, but I believe I...
Hi guys,
Had a few questions regarding recapture tax and was hoping someone could help.
1) Recapture tax is a federal rule/law and not at the state level correct?
2) Will you owe recapture tax whe...
Hi everyone, I was thinking about adding my son as a joint tenant to a rental property I own, If I do this it would probably be the equivalent of a $30,000 gift. I heard that there is a life time gift exemption o...
Need some advice from the Realtors of Fairfield County!Currently a part time real estate investor with a few multi-family properties in the New Haven area. I live in Stamford and commute into the city every day for my...
I'll preface this by saying that yes, this is probably unusual, and yes I'm about to rent to friends. I'm in Texas, and I want to sell my house. I have friends that actually want to buy mine, but want to rent first so...