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27 June 2024 | 5 replies
And I won’t have any rental income on it as I’m still fixing it up but my DTI will still be under 40%.Do they have to see rental income in order to do cash out refi on a investment?
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29 June 2024 | 26 replies
And again, the charge for the plumbing and floor was $550 (I just checked on my account) plus I paid him $200 for gas and drive time. $750 for a job that Katrina quoted $6100 for (flooring and plumbing leak).
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26 June 2024 | 15 replies
But you also have to track your material participation time in your property(s) if you're trying to qualify to use your real estate tax loss to offset your other income.
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27 June 2024 | 9 replies
So far looks like only premium accounts are promoted and there is no way to see all the agents in the area.
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25 June 2024 | 3 replies
One of the books I have read suggests that I should use a separate banking account to handle all the income and expenses for one rental property, even if I do not use an LLC.
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28 June 2024 | 2 replies
How can I structure an agreement where an investor finances the conversion and we share the Airbnb income?
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27 June 2024 | 41 replies
I realize they are selling properties and not guaranteeing income but I was more or less sold the promise of leased properties.Yes, we all know they sell at a profit and I have no way of knowing their profit and loss figures.
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28 June 2024 | 17 replies
I come up with the idea of documenting my actions here, one is to hold myself accountable, and two I want to see where I'll go from here (a lot of people now days do that on social media, like instagram, youtube...etc.
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26 June 2024 | 3 replies
Will my father be able to transfer money into the LLC/Trust account without it being seen as a gift?
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27 June 2024 | 26 replies
I also asked my accountant about living in 2 single family homes for 2 years each.