5 April 2024 | 5 replies
Buy a buy & hold with no value add with a HELOC would be a risky move unless you have the income to pay down the HELOC.
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4 April 2024 | 8 replies
When you are an employee the company pays for corporate account and each gets their own logins- company pays.
6 April 2024 | 12 replies
This is an important status for people to go for since it allows you to write off losses from rental activities on your other active income.
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3 April 2024 | 5 replies
Remember, they have no fiduciary responsibility to protect the corporate veil of your LLC.
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5 April 2024 | 12 replies
If one had enough income to cover all their debt payments outside of rental income then reserves would not be as necessary as someone who relies on rental income to live on.
5 April 2024 | 8 replies
To answer your second point in one, passive losses from your 1st property will offset income from your 2nd property if it begins generating income.
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7 April 2024 | 29 replies
Landlord friendly, low property taxes, no state income tax, and can be a day trip from CA.
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5 April 2024 | 2 replies
The extra income from renting your current house would certainly help out regardless of what you decide to do and if you do your homework on a second house, it'll pay for itself!
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6 April 2024 | 5 replies
In order to past this SS test, your appraised market gross rental income at 75% has to be more/equal to your monthly mortgage payment (PITIA).
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5 April 2024 | 1 reply
Are you looking for immediate cash flow through rental income, or are you more interested in long-term capital appreciation?