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19 February 2025 | 32 replies
How do I know the vacancy rate / how long it took to find renters for comparable properties?
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15 January 2025 | 18 replies
It's just not clear what you are actually doing here.
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21 February 2025 | 10 replies
Does it need to be converted back in to a rental after your 2 years to qualify for a 1031?
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21 February 2025 | 12 replies
If they do a great job, $100 is a great deal.
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22 February 2025 | 12 replies
For bookkeeping it depends on your portfolio.A portfolio of 1-3 SFR's can likely be a DIY project.For 4+ you may want to consider outsourcing.For tax prep, you'll likely want to have a pro handle it regardless of the portfolio size.
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17 February 2025 | 7 replies
Have you asked your other agent?
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19 February 2025 | 34 replies
Don't make your life more complicated than it has to be.
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30 January 2025 | 5 replies
Vaughan, did you tell him he said he would do it for free?
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21 February 2025 | 6 replies
Here’s why selling your primary residence to your LLC and then renting it back isn’t a good idea from a tax perspective:Self-Dealing Doesn’t WorkFor tax purposes, a single-member LLC is considered the same as you, so paying rent to your own LLC is basically just paying yourself.
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17 February 2025 | 9 replies
If you do the math, since your borrower is paying interest on interest, it raises your effective interest rate by about a point.