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31 January 2025 | 121 replies
It should be from someone who uses that person.
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11 February 2025 | 20 replies
The GSEs, Fannie Mae and Freddie Mac, both allow the use of foreign income under certain circumstances.In the personal tax returns provided by a borrower, you may see an IRS Form 2555, which identifies the foreign earned income.
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4 February 2025 | 7 replies
Pre-foreclosure - homeowners are desperate to avoid foreclosure and they quitclaim deed the title to some XYZ organization , person, or to a lawyer that specializes in foreclosure defense.
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1 February 2025 | 17 replies
@Grant Shipman Great stuff, I'm a big fan of co-living/rent by room strategy, and I do it here locally in Denver metro, and it is the best strategy in today's market for any house hacker to live for free or make money while living there, but they have to sacrifice personal space.
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3 February 2025 | 4 replies
While I don't personally cover the Scranton area, my team and I work extensively with investors in the Philly suburbs, and I’m always up for a great real estate conversation.
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6 February 2025 | 13 replies
Unlike long-term rentals, STRs can be treated as non-passive, allowing depreciation deductions, including bonus depreciation (40% in 2025) on eligible assets.For tiny homes, tax classification matters:If mobile, it is considered personal property, allowing 100% depreciation under §179, subject to income limits.
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12 February 2025 | 12 replies
@Levi Perl Since your single-member LLC (SMLLC) is a disregarded entity, all rental income or losses are reported directly on your personal tax return rather than at the LLC level.
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11 February 2025 | 10 replies
Also, the transunion credit and background check is almost $50 per person.
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31 January 2025 | 3 replies
Are you looking to just put the money to work or looking to be personally involved in getting, rehabbing, and dispo of deals?
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27 January 2025 | 15 replies
@Laurens Van swol a few banks that we've worked with in the past allow you to close in your personal name.