I'm looking at a SFH + ADU in Salt Lake City, UT as a potential house hack. Before I put in an offer, I want to run the numbers by some professionals.The property is 4BD/2BA in total, with 2BD/1BA upstairs and 2BD/1BA...
Hello all.
I'm exploring a deal on a property that is well suited for seller financing: house paid in full but desperately in need of work (for which the owners don't have the cash to fix themselves) and the owners w...
So I've been sitting on $45k of cash in my Roth for some time now, and I can no longer make contributions due to IRS limitations. I'm wary of sticking it into the stock market like I did since I graduated college in ...
I've read in a couple of places that persons who have "made it", strongly recommend giving back. They have said that by giving money away, it has come back to them many times over. I haven't read any specific example...
I have been receiving some calls recently from owners who would like to sell their homes, but owe more than their houses are worth. Is there any strategy to help these people and make a profit at the same time? Would...
I just purchased my primary residence in a new city with cash ($350k) and have another $250k sitting in cash.Should I buy our first rental unit(s) with cash (after reserving 6-8 months living expenses)? As context, we...
I've had the same person do my taxes for the last few years, but he seems to have disappeared this year. I guess I shouldn't have waited this long to reach out to him, but in prior years I'd set an appointment with hi...
Prices are just so expensive here that nothing really seems to make sense for me to buy. You’d be lucky if you break even in terms of cash flow and cap rates are just above what my online CDs are giving me. I want a d...
Hi Tax Experts,I learned in a article that you can actually use the loss created by your real estate investments (of course it's not realized loss) to offset your W-2 wages and other income. Is that true? Is there ce...
I m debating whether it would make sense to build an ADU on the backyard of our current SFH property in South Bay Area (San Jose). Had a few questions: - I understand that mortgage interest, prop taxes, insurance, and...