I just received an email from my accountant that basically stated the IRS has made some sort of change that will require investors to file a Form 3115 or they may be subject to a higher taxable income due to less dedu...
Bear With Me...And Please Forgive My Tax Maze Ignorance
My understanding is that the basis of investments is stepped up at the death of individuals who execute transactions in a tax-efficient manner. For instance, t...
My wife & I have been trying to wrap our heads around what's a good buy and hold deal. For instance, we are looking at one currently that could take around $25k out of our pockets, but it would cash flow around $...
I need help this my First investment and everything falling apart. I thought I did my do diligence but failed. I closed on duplex with both tenants receiving eviction notice with final date 5/25/2022. Now They are say...
What do you guys think about rental market in Pennsylvania?
We currently use virtual assistants to screen calls from our marketing. Huge time saver for those that haven't done it yet! These leads are a combination of probate, driving for dollars, absentee, etc. The VA's seem t...
I am thinking over 2 choices. Would like input, insight or opinions. I have a bay area SFH value ~$410K, bought 1 year ago for $385K with 20% down and put about $30K repairs into it. Has good terms, 30year loan with...
It's like getting a drink of water through a fire hose! So little time so much to learn. Offer accepted and due to close within the next week. The numbers I am estimating are as follows:
ARV (last week had ...
Hi everyone! I’ve been investing in stocks for over 8 years with pretty good results and am finally exploring if real estate investing makes sense for me in 2024. Not really looking to make a huge switch… just looking...
Hi everyone! I’m trying to become more verse in seller financing/land contracts and have a few questions on the benefits for the seller. I know seller financing is attractive for sellers for the fact that instead of ...