@Brittney Yang To structure a short-term partnership for your duplex investment, establish a joint venture or LLC with clear roles, responsibilities, and a timeline for dissolution.

Investment Info:Single-family residence fix & flip investment in Pinckard.

I’ve been investing in Detroit for years and built my 12-door portfolio there, generating $16K/month in gross rents.

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

If you own a rental property financed with a DSCR loan, the income and expenses for that property must be reported on your tax returns, especially if you own the property personally or through a pass-through entity (like an LLC taxed as a sole proprietorship or partnership).Lenders will review these returns and account for any debt obligations associated with your investment properties, regardless of whether they appear on your credit report.

I am new to real estate investing and purchased my first LTR November of 2024. 

It is my first out of state investing deal, Ohio is one of state does not need lawyer to review contract, so I have not hired a lawyer to review my contract. 

Investing in yourself is a key. 

Investment Info:Single-family residence fix & flip investment.

Let's set up the scenario, say there are 100 people who all say that they want to become real estate investors and they all have $100,000 to start out with to start their real estate investing journey.