Michael Cavalli
Retirement for down payment vs. receiving annuity payments
29 April 2019 | 2 replies
Or it could double like this random house in my city did since it's 2006 sale price:https://www.redfin.com/WA/Kirkland/134-8th-Ave-980...So you have to decide if taking on the debt is worth the potential reward, including your specific scenario limitations.
Aj Khan
Can i use my LLC account for depositing all my rents
3 May 2019 | 5 replies
You should use limited warranty deeds to transfer the rentals from your personal name into your LLC, put all rents into the business account and buy a good umbrella policy for liability protection.
Grayson Gist
Getting my First FHA loan for a Fourplex
12 June 2019 | 11 replies
Home Possible not only has minimum income requirements to qualify for the loan (with DTI), they also have income CAPS which LIMIT the amount of income you CAN make in order to qualify for the program.
Jecarl Viray
Advice in forming an out of state LLC
1 May 2019 | 20 replies
One way to be able to deduct passive loss from from active (w2) income when you make more than 150k limit is to be considered a real estate professional (you can look up requirements on this).
Nick Bolding
HELOC vs Refinancing
29 April 2019 | 1 reply
If you're in year 29 it's less likely than year 25 or less, but run the numbers to check.also refi, as long as it's primary res and loan bal isn't over the recent tax change limit then interest should still be deductible.
Account Closed
This Little-Known Loophole Is Going to Change How You Invest
28 April 2019 | 0 replies
For one, you have a limited time period to find a new property, which could leave you in a vulnerable position from a negotiation standpoint.
Graham Setters
Canadian Living Abroad Looking to Invest
29 April 2019 | 5 replies
I really want to maximize a buy/hold/refinance or BRRRR type strategy; from my limited knowledge, I've heard US markets are more amenable to that strategy.
Benjamin Galetti
BRRRR investing in Pennsylvania
17 May 2019 | 15 replies
Harrisburg is a good cash flowing market, but it is very block by block in the city limits.
Charlie Moore
How can I show depreciation for my properties? Tips?
30 April 2019 | 85 replies
The structure is a business expense and has a limited life.