All Forum Posts by: Kenneth Kussman

I am looking for a service to use for a real estate mail campaign for Dallas Texas area real estate.

If anyone has any recommendations please PM me.

thank you

Hi,

I have one property in Irving and like you looking for others.

my price range is about the same as yours.

I think it's a great area for flips and rentals because of the location and they're spending a lot on the city improvements.

have you come across any good deals yet?

ken

If you use Heloc's to perform repetitive investment purchases, What do you need to show lenders to get the next & the next and the next....... 

Do you just show new lease agreements?

Appraisals?

Your financials?

This is where I am unclear...

I was interested in what others did to transition and minimize taxes?

Did they use a Tax Consultant?

What others did from a tax standpoint after their first year of having a rental to offset the income from rentes

Did they use an accountant, 

I have transitioned my SFR home to a rental property in Jan 2019. I have been renting it out for one year. I have a separate checking account for the rental only. All rents go in and all expenses go out. I have a positive cash flow.

It's tax time for me this week. I am trying to figure out how to best file, having an investment property, but not having a huge tax bill. 

I guess I need an investment tax specialist? 

HELOC with BBVA

BBVA has approached me to take a HELOC out with them.

I already have a $10,000 unsecured credit card with them.

I’m interested but surprise they approached me.

@Katie Miller

As always another cost item even if you are a pro member.

I feel I’m being nickel & dimed to death....

@Katie Miller

Carefully

@Jaysen Medhurst

I’m not either

Thanks