Kin Lay
How to transfer my share of the house to my brother?
14 January 2025 | 5 replies
The transfer may trigger gift tax reporting if the value of your share exceeds the annual gift tax exclusion limit ($17,000 per recipient in 2023).
Jerry A.
Exploring Cash-Out Refi Options
6 January 2025 | 5 replies
A cash out refi should take 2-3 weeks with most lenders, and you should have only an appraisal a credit report fee as upfront costs.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
A HELOC should be reported on your credit profile as real-estate related.
Jimmy Edwards
Ready to do deals!
10 January 2025 | 9 replies
When I ask for an income report, I received a spreadsheet with multiple units.
Adam Aero
To renovate basement or not for appraisal?
15 January 2025 | 4 replies
An appraiser likely isn't going to spend time giving you much feedback in advance (unless you have a connection or they are super slow).
Mike Conner
Investor wants to trade properties - seeking advice
12 January 2025 | 2 replies
Thanks in advance for any advice.
Tyler Davis
QuickBooks Plan for Managing Rental Properties
7 January 2025 | 3 replies
If you only have one LLC and don’t need entity tracking, you could get a lower subscription and categorize your properties as ‘customers’, then units and tenants would be sub-customers.Simple Start would allow you to invoice your tenants (if desired through QBO) and produce basic reports.
Mark G.
What are your favorite tools/software for Fix-N-Flip
21 December 2024 | 12 replies
No one I know is going anywhere to report their loss so you can research it.