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16 October 2018 | 4 replies
I got preapproved for a loan but I a lot of the properties need a little rehab mainly cosmetic.
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22 February 2019 | 38 replies
Are they looking for tax benefits?
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17 April 2020 | 8 replies
@Bharath Danda, main thing to consider is that the rent is likely to DECLINE over time.
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22 October 2018 | 3 replies
Is there any tax benefits to listing your LLC as property management company for your own rental properties?...
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16 October 2018 | 12 replies
Your education has also prepared you to analyze cycles and this point in the market is not an easy entry for passive investors not willing to be a small part of a much larger endeavor.In your case I'd be looking to real estate more as a tax hedge that will build substantial cash flow over time while delivering substantial depreciation and tax benefits from day one.
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15 October 2018 | 2 replies
Would it be a good idea to vet a new Gc by getting estimates on rehabbing the third floor with carpet and mainly renovating the bathroom?
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16 October 2018 | 10 replies
The main benefit for VA over an FHA loan is 0% down required and you don’t pay monthly mortgage insurance, which can add up to quite a bit in the long run.
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29 October 2018 | 6 replies
Roth IRAs cannot be transferred to Solo 401k plans.A few other Solo 401k benefits: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.
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19 October 2018 | 19 replies
Which you could do a section 8 or SSI rental and get a check every month the the Government.I will be giving you a couple senarios on pricing which the main focus is the heating cost and how you want the heating and AC installed.
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14 October 2018 | 2 replies
I'm looking mainly in the 2-4 unit ranges.