6 January 2025 | 4 replies
Is there an easy way to divide the basement up? Each side of the duplex has access to the basement but below everything is connected together and I want to make sure no side has access to each other. The way I can ima...
8 January 2025 | 10 replies
So, it would then potentially cost you a penalty for early withdrawl and also income tax owed on it.
8 January 2025 | 3 replies
While this can be good for long-term appreciation, it can also impact cash flow for buy-and-hold investors.Insurance Costs: Florida's hurricane risk can translate to higher insurance premiums for property owners.Competition: Florida's popularity attracts a lot of investors.
6 January 2025 | 5 replies
While the co-signers add some security, the family’s newness to the U.S. and uncertain job situation make them a higher risk overall.
8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.
7 January 2025 | 8 replies
The cost to maintain them probably wouldn’t be exactly 8x as compared to the single 8-unit, but it sure as hell isn’t a 1-to-1 ratio either.
8 January 2025 | 13 replies
It provided loss of use coverage and high liability limits but at less than 50% the cost of the quote I got from Proper.
8 January 2025 | 6 replies
At 19, house hacking is the best option if you have the downpayment and closing costs set aside.
6 January 2025 | 3 replies
New tenant must go through complete vetting, sign the lease, pay security deposit and rent, and move in, prior to the referring tenant getting their $100.
6 January 2025 | 31 replies
What does it cost to buy a laundromat?