Hello Canadian BP’ers,
Looking on some feedback regarding a strategy I stubbled upon. If you bought a house a year for 10 years (assuming cash flow positive as well), and on the 11th year refinanced the 1st house to ...
Okay so here’s the scenario. I currently am looking to buy my first home (condo). Right now I work full time as a bartender until the summer is up then my hours will drastically cut back as I start college in the fall...
Question regarding a property held in a irrevocable trust.Home value is $750K, owned outright by the trust - no mortgage.A family member lives in the house, no rent is charged.Meanwhile, the trust is paying for the ma...
What happens to the the accelerated depreciation received from real estate syndication owned by IRA as LP? Is this held back and available for use when funds are eventually pulled out of the IRA?
I am having difficulty finding an answer to this question... If I wholesale a property (true wholesale where I never gain possession, but do get the assignment fee), does the income count as a capital gain that I coul...
From what I understand, you can deduct the entire premium as it is an expense to run the rental property. With prices going up so much, if this lowers your cashflow too much, I feel like you may not look profitable in...
Im looking at a property up the street from where I am, hoping to get it for 120k-130 and according to comps ive seen it could be worth up to 200 or 220. So my question has to do with refinancing my cash out if I choo...
So through fortune builders I was set up with Nevada corporate headquarters. I had a phone meeting with a gentlemen that is setting me up with a business plan and with a credit line for my LLC that will put my busines...
I would just like to say a quick hello! I look forward to learning a lot on this website, as well as chipping in some help if I can! I do have one question right off the bat. I am 25 years old, married with a young d...
Hello,I bought my first duplex using a conforming loan bought by Fannie Mae. I've lived there for several years and its worked out great. I'm past the required occupancy period and I don't pay PMI. The rate is 3.75% w...