
2 September 2024 | 7 replies
For tax purposes, the IRS sees you and your LLC as the same entity, so transferring the title to your personal name typically wouldn’t affect the 1031 exchange deferral.However, to maintain the tax benefits associated with the 1031 exchange, it’s important to ensure that the property remains a rental and continues to be used for business purposes.

1 September 2024 | 10 replies
Both a DSCR loan and a HELOC have their pros and cons, so it’s great that you’re weighing your options carefully.

29 August 2024 | 3 replies
I am lost on which avenue to take from the options of house hacking, buy and hold (short-term rental), buy and hold (mid-term rental), buy and hold (long-term rental), BRRRR, flipping, etc.

2 September 2024 | 3 replies
They do have some options for building up (see three story image below) but we created an apartment that consists of studios units, in the standard 16x74 foot modular home rectangle.

4 September 2024 | 39 replies
If you fall behind on your home equity loan, there is a possibility of foreclosure that would result in your losing your home.Cost of the Loan: Although a home equity loan may carry a lower interest rate than other types of loan, you may incur fees and closing costs on your home equity loan that would not be charged on other options.

1 September 2024 | 7 replies
@Shibashis Dutta we've not only got clients from Canada, but also from around the world.We've very familiar with setting up the proper USA tax options for foreign clients:)

1 September 2024 | 3 replies
The city offers various multi-family housing options suitable for house hacking, including duplexes, triplexes, fourplexes, and townhouses.Regarding the mortgage securing, I could be of help with that, I work for a private lender that lends in 48 states, including North Caroline.Find a realtor familiar with investment properties and house hacking strategies in Charlotte.

1 September 2024 | 5 replies
If you never intend on selling, no problem, but if you do my recommendation is to have your exit option very clearly laid out and a good lawyer to draft it up.

31 August 2024 | 18 replies
If your tenant cannot qualify maybe consider putting the home up as lease with Option to Purchase.