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Hi all,
I am a Veteran and a Software engineer by trade, I've been reading books listening to podcast watching videos and generally learning as much as I can on my own. I currently reside in Scottsdale, AZ.
As I s...
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Hi-
Currently I have 3 properties (2 investment, 1 primary residence). I live in New Jersey. I'm wondering when does it make the most sense to create an LLC?
Any advice on the recommended structure? Umbrella with ea...
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Any tax pro's out there?
If I own a LLC that owns an apartment building, do I have to pay self employment taxes on the cashflow each month? I know normally passive income does not get taxed with self employment, but...
So I started my search for financing a multi family property and was hit with this response:
"You are asking for a 1.9 million dollar loan. You will need at least $380,000 (20%) to put down on the property + loan exp...
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Good morning, quick question. After doing my taxes I’m left with $0 net income because everything this years was losses and no gains. Does that affect my refinance once I finish my first BRRRR, having a $0 net income?...
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Hey guys, so I have a cash buyer on one of my short sales that wants to close with the bank in his name. We already agreed to a price and he showed me his POF so I know he is serious. Now the bank is asking me to subm...
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Hello all. Still very green to this market and I’ve been listening to the BP podcast 6-8 hrs a day (at work) for the past couple weeks. So I am learning a lot! I would like some extra eyes to help run the numbers on t...