James John Losinski
Fundamentals on investing
7 February 2024 | 9 replies
actual insurance, actual taxes, actual utilities, actual capex.
Jacob Allen
Accountant Recommendation for the Upstate - Greenville, SC
7 February 2024 | 13 replies
I got a house and have been house-hacking with Air BnB, now is the time that I'm looking for doing the taxes with my W-2 and the Air BnB income, does anyone have any recommendations on an accountant in the upstate South Carolina area that is familiar with doing taxes for real estate investments (ideally specifically short term rental).
Jane Mipsey
2 Properties in Bay Area and W2 Income - Need to LLC or Any Other Suggestions?
7 February 2024 | 9 replies
@Jane Mipsey putting the investment property in an LLC is purely for limiting your personal liability, not for tax purposes.
Matt Waggoner
Is posting minimum qualifications on Company website a good idea?
8 February 2024 | 4 replies
4) Applicants over 18 - what about full-time college students still being declared as dependents on parents' tax returns?
Kevin DeBoer
Utilizing Primary Residence Equity for Financing
7 February 2024 | 12 replies
This is a capital gains tax free sale of your personal residence ( up to IRS limits ) and not a loan that will affect your DTI ratio.
Amer Swid
What tactics should I use to increase the rent without loosing the tenant.
8 February 2024 | 5 replies
Those that respond “$0” or something ridiculous, you can request income documentation from them to justify.Don’t be afraid to share with them how much your property taxes & Insurance increased and that YOU cannot afford to absorb them.ALWAYS get an increase or something of value annually or tenants will start thinking they should never have an increase, making future increases that much more difficult to negotiate.
David Soest
My review of Lifestyles Unlimited in Houston Texas
7 February 2024 | 50 replies
When you die, your heirs inherit the property at a stepped up tax basis capturing the equity tax free.
Julian Martinez
Real Estate Professional with STR in Mexico up to chat?
7 February 2024 | 8 replies
I’ve qualified as real estate professional since 2021 and just found a potentially good opportunity to acquire a property in Mexico that would make for either a solid STR and/or eventually our forever home.I’m completely new to acquiring a foreign property- how to finance, what purchase process looks like, how foreign STR is taxed, does real estate professional status matter, etc.
Muhammad Akhtar Shiekh
is Justin, TX is a good area to invest for rental property?
7 February 2024 | 5 replies
But property tax rates can be lower if you purchase properties in this area located in Wise County.
John Gonzalez
Need referrals for Entity Set up and Attorney for Mortgage Notes Investing please?
7 February 2024 | 2 replies
They formed all of my entities, prepared my trust and handle my taxes for me.