Gideon Mukoro
Problems with Fraudulent Bank Statements/Paystubs
20 February 2025 | 3 replies
What are the biggest challenges in verifying income?
Donyea Jenkins
Employee tax question
18 February 2025 | 11 replies
Under the assignment of income doctrine, income is taxable to the person who earns it, even if it is directed to someone else.
Jerry Chilimidos
SDIRA lending and borrowing.
24 January 2025 | 16 replies
Here is some clarification:When property inside of an IRA is financed, it generates UDFI (Unrelated Debt-Financed Income), the income derived from the leveraged portion of the property.
David Brooks
Question on the "STR Loophole" vis-a-vis California tax
21 February 2025 | 2 replies
Quote from @David Brooks: I've received advise that our friendly STR loophole can not be used to characterize STR income/loss as non-passive on a California tax return.
Tristan Kelly
First MF purchase in Cleveland OH
29 January 2025 | 11 replies
I am glad you highlighted the management piece as this is a crucial part of buying in another market.Excited that you are stabilized and are generating cash flow on that deal.
Palak Patel
Need suggestions about using cost segregation study for tax
20 February 2025 | 8 replies
This could reduce your taxable income in those years.Your decision depends on your long-term strategy.
Devon Shives
Should I get a cash out refi to buy more property?
21 February 2025 | 17 replies
You would just be using the property's income to qualify.
Alex K.
HELOC on Primary Residence
22 February 2025 | 5 replies
Spoke with multiple credit unions and they mentioned a rental property needs to show at least two years of rental income in order for that income to be counted into the DTI ratio.
Kyle Thomas
Insights Needed: Growing Demand for Midterm Rentals in Portsmouth, VA
3 February 2025 | 1 reply
Generate a comp set in Pricelabs and you can go into finer details on what others are charging.
Chris Anthony
New Construction Loan For Short Term Rental
18 February 2025 | 7 replies
They are not experienced real estate investors, they are retired and looking to create additional income.