Chris C.
Anyone have experience with Elite Funding Group LLC
10 January 2025 | 16 replies
I will make that proposal to the person I am talking and see where it goes.
Will Cruz
HELOC for investment property
14 January 2025 | 2 replies
I don't know if they still do it but if memory serves a few years ago TD Bank would do a HELOC on a rental in second position but only if it was titled in someone's personal name.
Michael Overall
Utilities and Interest during remodel Basis or year deduction
19 January 2025 | 2 replies
The first is that there's no consensus between tax professionals, and the second is that you will not like my personal interpretation.My interpretation is:Until the property is "placed in service" - everything goes into basis.Illustration.You buy a property July 1st.You finish rehab November 1st and put the property on the market.Your tenant moves in January 15th.The property was placed in service November 1st, and it does not matter that the tenant did not move in until the next year.Everything paid between July 1st and November 1st, including interest and utilities, goes into basis.
Jeffrey Mair
Seeking Advice to Buy in Expensive San Diego Market
2 January 2025 | 4 replies
I personally left San Diego in 2017 and bought my home in Riverside County for $155,000.
Bruce M.
Large RV or Boat - Tax incentives, Tax strategies
13 January 2025 | 7 replies
Buy it personally, and rent it full time to my C-corp?
Melody R.
Thoughts about the virtual CPA firm The Real Estate CPA?
16 January 2025 | 18 replies
I do not personally use him based soley on the fact that the firm is virtual.
Joel Oh
Focus on one platform
2 January 2025 | 50 replies
Don’t hurt your ranking by splitting your property into many baskets… especially those personal websites!!!!
Marcus Auerbach
Mortgage rates going up. Is the market expecting inflation?
24 December 2024 | 25 replies
Personally, all of my units are full and have stayed full, no one is even late with rent much less behind, and no one is moving.
John Friendas
Maximum # of DSCR Loans Lenders Will Give?
9 January 2025 | 8 replies
Quote from @John Friendas: As a person with an average salary, I was wondering what the maximum amount of DSCR loans a lender would give out would look like?
Joe S.
Do aerial pictures seem to make a difference?
9 January 2025 | 1 reply
I’m not convinced it makes a real difference unless a person has a unique setting.