Michael Trocchia
99% of lenders CANT give you a straight answer
28 January 2024 | 3 replies
And the possible Debt to Income ratio.
Stephanie St. Germain
Is an LLC needed before buying the property?
29 January 2024 | 13 replies
Personally, I had zero income when I first started out because I was self employed.
Michael Ellis
When does your Portfolio turn into a “Business”
28 January 2024 | 4 replies
Meaning at what point do you hire employees, quit other income streams etc… Is the money coming through cash flow from rental properties or buying and selling… I am 21 and just starting out and this of course is the plan for the next 5-10 years but I want to plan ahead.
Lexi Blevins
Punta Cana, Dominican Republic or Tulum, Mexico?
29 January 2024 | 2 replies
The question is also how much rental income you're going to be able to make.
Kimberly C.
STR bookings in Dec 2023, Vrbo Payment in Jan 2024, which tax year is this?
28 January 2024 | 4 replies
Now I'm slowing getting all my tax docs ready for my CPA but I'm confused on how bookings in Dec 2023 affect my 2023 taxes.So for the bookings that happened at the end of last year Dec 2023 but didn't get paid out until Jan 2024, do I include these bookings/income for the 2023 tax year?
Tony Pellettieri
HML/DSCR for BRRRR Scaling
29 January 2024 | 3 replies
We are now looking into HMLs for Acquisition, Paying Cash for Repairs, and DSCR Loans for Refinance to scale quickly and start building a portfolio of long term income generating properties in 2024.
Ricky E. Harris
Need Some Advice for Hiring A Cleaning Service For My Rental Property
29 January 2024 | 8 replies
Every year I've had one I broke six figures in income.
Jesse Howell
Curious if my home would be a good STR - wine country
29 January 2024 | 14 replies
Move back into our current home maybe 5 years down the road as we make updates and add amenities to it to increase the desirability and income of it, all while stacking other rentals.There is a MTR/STR down the road that does very well, but it's a 2/1 cottage and caters to traveling nurses and couples who want to check out the vineyards.
Robert Johnson
Reasonable to turn a garage into a STR to house hack in Austin?
29 January 2024 | 9 replies
But, it can also make it more attractive for investors who are looking for income.
Sateesh Kumar
Property tax deductions on W2 in Syndications
28 January 2024 | 10 replies
Hello @Sateesh Kumar,These syndication deductions are only against passive income.