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My wife and I have a member managed LLC for about ten years. We own two rental properties in the name of the LLC and we own 10 more rental properties in our personal names. All of our properties have mortgages on th...
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I have never used anything other that excel to keep tract of my properties. I am purchasing a 15 unit and it’s apparent that I need a digital upgrade. What is the best/user friendly program to use In this situation?
Hey Everyone, my goal is to analyze at least 1 MFH deal a day for the next 30 days. For Today's Deal, I am analyzing a 24 unit complex I found on Loop Net (Address: 11519 Pecan Creek Pky). Below are the details:Ask Pr...
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Hello Investors,
I'm planning to buy my first investment property in Georgia (probably a SFH or Condo or TownHome). While I'm trying to crunch the numbers for my analysis, I'd like to hear from the experts here to se...
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BP,
Lots of ambiguous info out there regarding these tax matters (to be expected). If I have 6 rental properties, all under a single-member LLC, is it worth exploring the option of listing income on schedule C and t...
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I'm on the brink of acquiring more units to my real estate portfolio. Currently I own the properties in my own name (House Hacking) and have been using my personal checking accounts to collect rents and pay operating ...
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My wife and I are saving up to buy an investment property for buy and hold. We live in Colorado and it is pretty expensive to do a buy and hold here but we would have the benefits of being close to the property and n...
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So this would be my first deal and I would like some honest feedback. I need to know if I'm biting off more than I should chew.
Triplex asking $220K
2B/2Ba each unit
Good neighborhood and schools
Rents 1x$600 2x$650 ...
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Can anyone explain what deductions are allowable as a limited partner in a real estate deal vs. actively owning/managing a property? For example, if someone creates an LLC through which they invest in limited partners...
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I am having a bit of trouble finding much relevance for applying the 50% Rule to SFH...especially if the property is rehabbed with very little chance there will be maintenance costs...and if the tenant pays utilities....