@Steven SturmanThat is a loss that you paying every month to the hard money lender.

Originally posted by Frank Romine: @Steven Lau What are you buying for over 1M that produces less than 5K a month income?

New York, NY 10013www.citicommunitycapital.com Officers: Hal Kuykendall, Managing Director; Steven Fayne, Managing Director21t.

Brandon Hall Steven Hamilton II These are your go to CPAs. :-)

However, depending on your marginal tax rate, sources of capital and growth plans it may make sense to incorporate at some point in your journey.You should invest a little time to establish your roadmap (objectives and how/when you see yourself arriving at various points on the map), and educate yourself (Steven Cohen & George Dubé's book "Legal, Tax and Accounting Strategies for the Canadian Real Estate Investor" is a good primer).  

Best to interview several lenders - or find a mortgage broker who specializes in working with investors - before you get to the point of making an offer.A good reference on analysing the cash-flow of real estate is @Frank Gallinelli's "What Every Real Estate Investor Needs to Know about Cash Flow"A good primer on financing and holding real estate for Canadians is Steven Cohen and Geroge Dubés "Legal, Tax and Accounting Strategies for the Canadian Real Estate Investor"

Quote from @Steven Wilson: Quote from @Joe Rios: Have spent the last 7 months working on the craft and educating myself in the real estate world, specifically around rental/ buy & hold.

@Andy Jenson welcome to biggerpockets keyword alert examples : Milwaukee, Wisconsin , Waukesha, Menominee Falls,Green Bay, buy-hold, homesteps, homepaths, student housing, c fold, hud, zip , marketing, 2% rule, Madison,La Crosse, Stevens Point, and etc

-Steven the Tax Guy

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