Brett Roth
House Rules and Resonable Fines
27 March 2024 | 11 replies
For an example of what I'm concerned with : My tenants are actually really good, but right now I have an issue where a friend of a tenant literally just drops trash out the window!!!
Nicole A.
Questions to Ask Lender
25 March 2024 | 1 reply
After working with a lot of lenders over the years, the most important thing for me is their level of customer service (will they provide a lender letter promptly for you when you need to write an offer quickly, call the listing agent to help you get your offer accepted, pick up their phone for you, etc.) and do they close on time?
Paul Novak
Expand Or Payoff
27 March 2024 | 12 replies
You can sell a few to pay off the rest or 1031 them into passive income.Any property you buy today should appreciate about 4.9% p.a. that's been US average (insert a % you believe is right, I believe Milwaukee may actually beat this number) over the next decades and your downpayment is leveraged 4:1, so that in itself produces a lot more equity over decades than you could ever safe up.
Mike Sivert
Subject to - tax write off?
27 March 2024 | 5 replies
It is good practice to obtain from them the actual 1098 and to remind them that they are no longer entitled to the deduction since they aren't making the payments anymore (again, these things are usually spelled out in the sub2 agreement).
Dwayne Clarke
Multi-Family Investment Question
27 March 2024 | 12 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
Lahiru S Hettiarachchi Gamage
How to get the tax advantages against W2 income
26 March 2024 | 6 replies
However, as the owner you still need to spend more than 50% of personal services and more than 750 hours on the real estate business on your own.Alternatively, short-term rentals are generally treated as active business income and therefore are eligible to offset w-2 income.Navigating the Real Estate Professional Rules"When measuring material participation, a married taxpayer is required to count any hours performed by his or her spouse, even if the spouse does not own an interest in the business or if no joint return is filed.32 While this rule is advantageous because it makes it more likely the taxpayer materially participates in the real property trade or business, it is a trap for the unwary in the real estate professional context, as discussed below in Step 3.""
Sevag Keosseian
Getting into Real Estate Investing
26 March 2024 | 10 replies
I've been reading books and doing research and I want to start actually investing in out of state properties.
Jolene P.
Need Advice- 4plex with CF selling for max appreciated value
27 March 2024 | 6 replies
I believe the extra units are not actually legit in terms of zoning or COO.
Roman Martinez
LLC and getting funding
26 March 2024 | 3 replies
UI is great, dashboard is clean and I pay extra for the concierge service so they do my annual filings for me and I don't have to worry about it.
Rashid Khalil
best online banking options
26 March 2024 | 3 replies
I wire from my laptop and the more business you do, you'll appreciate the access and a local banker that you can actually pick up the phone and speak with.