Good morning everyone. I'm stuck in a couple of financial structural issues that I was hoping someone could help me attempt to resolve.
I have 2 duplexes; one I live in with the other unit rented out and the other's ...
Hi,I am a single family home investor, however we are looking to sell our primary home in Chicago and moving to Dallas this summer.We have bought the Chicago home in Nov'22. Would I owe tax on the profit I make on the...
I have 6 rentals that I and my investment partner bought through LLC (50/50), in 2019, for around $1m, before COVID. We're now planning to split the properties (3 each) and go our own separate ways. Over the last 4 ye...
I currently do my own bookkeeping and taxes (for five rentals) and am generally comfortable doing so. However, what I need from time to time are answers to tax related questions that come up. I currently have an att...
My wife and I own a triplex in which we reside in one of the units. The portion of the property used for personal use is 52.8% and the portion for rental usage is 47.2%. The full mortgage on the entire property is ove...
My wife and I bought an investment property in 2021 that currently has an All In One (AIO) loan that we’ve used like a HELOC to buy other investment properties. The AIO is our only debt on the property and is in our p...
I see a lot of people say they want to go local, and while I understand the sentiment, one of the biggest myths I see perpetuated in lending, or insurance, or appraisers, etc. is that local is better. There are defin...
Cousin A currently lives in one half of their primary residence and rents out the other half.Cousin B has a rental property they want to get rid of by doing a 1031 exchange.If Cousin B buys 50% of Cousin A's house as ...
I’m a NYC real estate agent based in Brooklyn and the main focus has been rentals. I’m looking to dive into wholesaling as soon as possible. Is there anyone in NYC that is in wholesaling and have any tips?
HelloFirst time poster...We purchased our first investment property a year ago, and we are working to prepare to purchase our second. I'm trying to educate myself better on the analysis to analyze deal, as well as ke...