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HI all! I'm looking to purchase my first house hack soon after I finish my second flip here in DFW. I meet all of the requirements to qualify for a conventional/fha loan except for the good steady income as I'm curren...
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Thanks for anyone taking the time to read or advise, I love reading all of the thoughtful points of view!Current situation: I own 5 single family home rentals. Three I purchased this year in cash through my LLC, using...
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The door opening for more rental owners to get into the year round business travel industry.I'm testing my theory using Airbnb and HomeAway platforms, then I'm going to use LinkedIn for direct recruitment.Currently I'...
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I just bought my first property in Canada, a duplex with 5 tenants, and for various (most tax related) reasons, I have decided to operate the rental as a sole proprietor. I'm considering whether to register a business...
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Has anyone dealt with child support and rental income? Properties are in LLCs with separate business bank accounts. Just curious if my earned income is the only income considered or if rental income is included even t...
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So I've been doing research on asset protection for the fix and flip strategy and ended up talking with the folks at Anderson Advisors. The advisor drafted up a plan suitable to my strategy and advised me on how it wo...
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Hi! I wanted to get some opinions from fellow real estate investors in Alabama, primarily from those who have or plan to have many rental property holds. Also I’d love to hear some advice from tax professionals or att...
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Hello everyoneI am in the Boston area and first time Investment property buyer . Our offer was just accepted and getting ready to get inspection started.So we have formed a LLC with the state and i wanted to get some ...
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I have been looking into multi-family properties for the past 5 months in my area and have found a few interesting deals. I’ve come to the realization that I obviously can’t afford the downpayment for a 1-2 million do...
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My question is what concerns do I have if I repay myself the money I invested in my S corp or can be LLC. My plan is to put money in my already established S corp or start LLC. Buy a home cash sell it to myself on co...