13 March 2024 | 19 replies
Their income simply doesn't cover it.

11 March 2024 | 25 replies
What other kind of income can I deduct with Rental Real Estate losses?

15 March 2024 | 167 replies
The east side is mostly industrial and low income housing.

13 March 2024 | 3 replies
And it will be ordinary income tax.

14 March 2024 | 13 replies
Regarding what we're looking for, cash flow is a must, as we want to match our W2s with rental income as quickly as possible.
13 March 2024 | 4 replies
I've previously found cost segregation studies to be highly beneficial, particularly as a strategy to offset taxable income from both my full-time employment and rental properties.

16 March 2024 | 36 replies
Maybe someone can help me understand There is only 1 Saturday in a week and if more than 1 go vacant at the same time, it could spell problems.Plus, If you want to scale to 30units or 50+ units doing it yourself could also spell problems without the right systems and processes in place.Nobody will look after the property as much as you will yourself, but scaling your portfolio and not having just another full time job in real estate (Investing should be for passive income and not another full time job, right?)

13 March 2024 | 9 replies
Idenitfy properties with enough deferred maintenance for a discount and not enough for Full scale renovation.With 10+ unit properties, you can utilize more DSCR loans and drive the value through the income approach to valuation.

13 March 2024 | 7 replies
In an IRA the financed portion of the property triggers whats called UDFI (unrelated debt finance income) which triggers UBIT (unrelated business income tax).

13 March 2024 | 8 replies
In general, a refinance requires documents proving the income of the borrower such as paystubs and W2s, as well as an appraisal of the property.