Investment Info:Single-family residence buy & hold investment.

It’s a certified men’s recovery residence operated through Vanderburgh Sober Living, designed to provide safe, supportive, and structured housing for men in recovery.

We purchased it in 2001 as our primary residence for $1.2M, using $600,000 cash and financing the rest since we didn’t qualify for a jumbo loan at the time.

Accurate tracking now sets you up to maximize depreciation and reduce taxable gains later.Understand multi-state filings: Owning property out-of-state often triggers non-resident state tax filings.

It was originally purchased as a primary residence a few years back.As you can imagine, the homeowners insurance situation in Florida is brutal.

There are certainly a lot of benefits that the OBBA brings to MA residents who are looking to acquire a STR.The first conversation you want to have with your accountant is what you need to do to treat the property as active instead of passive(if that is what you are looking to achieve).The other benefit of the OBBA is the increased ability to write off state and local taxes as part of the itemized deduction.Best of luck to you in your search!

Investment info:Single family residence, fix an flipPurchase price: 250,000Cash to be invested $50kEstimated home value: $400krepair costs: $50kState of home: Has several upgrades already like roof, cabinets and others , but it has not been kept up and the owner is being forced to leave.What made you interested in investing in this type of deal?

Hello All, I am considering a Refi on my primary residence and would love some input if it is worth waiting longer or refiing now.

Most people think of Myrtle Beach as a vacation destination, but the full-time resident population of Horry County has been growing rapidly... 18% over the past 5 years. 

Since I'd be living alone I would reside in the ADU and rent out the main home.