I have 3 rental properties, 2 of which are under an LLC with a friend..the other joint with my wife. My question is how does my K-1(partnership income) effect my dti.The main problem I have is the K-1 is total net in...
Sorry if this is a dumb question...but here we go.I am a self employed IT consultant, and looking to get into real estate investing. My consulting is done through an LLC (s-corp) and I am the only shareholder. Being...
I'm curious if any other counties are looking at changing the assessment of residential short term rentals to commercial for the purposes of property tax like El Paso County (Colorado Springs) is? This idea was recen...
Hello BP, I guess this would be the proper place to post this. I was hoping maybe there would be a more specific spot we could put only Bills/Laws etc...that would be effecting our states. I received the following:...
I have 5 questions, please read post in full for context before answering and indicate which question(s) you are responding.
I have a non-majority share of equity in a few real estate industry LLCs located in multip...
According to Reuters, S&P has downgraded the US Credit Rating from AAA to AA+ and may likely downgrade again in the next year plus.
Thoughts? Insight?
I realize this may get political, but think this is an impo...
When analyzing a deal, should one factor in future appreciation, annual mortgage reduction, and tax savings from depreciation (offsetting other passive investment income) when calculating ROI? I am looking at a prop...
How do I find investors for a restaurant without prior year tax returns.
Hey All,I'm in Chicago and my girlfriend owns a condo in Bucktown. Recently saw someone selling a deeded parking spot because they dont use it. I had a thought to start buying parking spaces at condo buildings. In o...
Hi everyone!
I've been doing a lot of market research on where I should build my long distance rental portfolio and have narrowed it down to the below list. In general there seems to be a good amount of cashflowing o...