I’ve always wanted to know what are the benefits from buying and holding real estate. Of course you have your monthly passive income. Butbwhat are some significant tax benefits, returns you can benefit from yearly bes...
Hello, my Dad is interested in understanding and identifying the best way for him to leave his house to me, while minimizing taxes. Generally, what are some the ways this could be handled and the relevant considerati...
Hello all, I'm in the state of Wisconsin and needing to know if a Wisconsin state income tax lien (junior to the foreclosing mortgage lien) will be extinguished by the foreclosure. I'm assuming that there won't be en...
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...
Is anyone using a Solo 401k or other retirement vehicle to purchase REI? Let’s hear your success stories and advice.
Dear community,So I have a really weird idea definitely not the normal "strategy" and Id like to hear the pros/ cons from everyone regarding this. I'm selling, yes selling! not cash out refinancing and maximizing my l...
Hello All,
I keep thinking about Seller financing as it comes up a lot in discussions here in Los Angeles. Here are my initial thoughts:
1. When looking at high cost areas, it's so risky for a Seller to finance a la...
Hi guys, I can't decide whether to invest in this property or not. We currently have a multi-family that we net $1500/month.. we been saving that profit and using it as down payment to invest in a condo in another par...
Social Security is about to begin paying out more than it takes in.
Article: http://news.yahoo.com/s/ap/us_social_security_ious
Since the Social Security Trust Fund is nothing but a bunch of IOUs, how long will it ...
Hello all,
For a little over a year now Ive been trying to get as much info on flipping and inventing in real estate as possible.
For the longest time having enough savings for down payments was my biggest obstacle....