Tanner K.
Tax benefits of using seller financing
What are some of the benefits for the SELLER when using seller financing? I am in Minnesota and I’m trying to buy a rental property using contract for deed. I want to know all the benefits to the seller. How can the s...
Steve Owens
Accepting IRAs (alternative to FundRise)
One of my IRAs has about 15k and I decided to allocate it to real estate. I tried investing with FundRise but they stated that the IRA can only be accepted if it's held by their partner, MTC. Does anyone know a good...
Jeffrey Cervi
Vacation property depreciation deduction question
Any tax wizards out there? Vacation property deductions are reduced according to the percentage of time the unit is available for rental versus time allocated for personal use. Let's say in year one that was 60%. D...
Diego Maramba
DC/MD: Length of Seasoning Period Prior to Refinancing
I am planning to use conventional financing with 20% down to purchase my first rental property. Plan is to allocate 1-3 months for rehab, rent, then refinance. Standard BRRRR. Assuming I did my research/math right and...
Daniel Green
Commercial BRRRR Strategy?
I've recently been presented with a deal involving four 1/1 houses for one price. My question is this:If I were to purchase these four properties at one price, would I need to use a commercial loan? And, if so, can I ...
Matthew Kern
Newbie tax question.
Hey guys, I feel like this is a dumb question, but do I deduct non property specific items across all my properties right? For example buying a bigger pockets book, I want to deduct it under "other" as education, and ...
Dan Powers
Hyperinflation of Construction Costs
With the absurd increase in the price of building materials across the board, specifically lumber increasing in price nearly 200% from pre-pandemic prices, what build costs are investors or developers typically accoun...
Allan A Ramirez
Calculating Capital Expenses
When calculating Capital Expenses in a rental property without doing rehab, let’s say your driveway will last 5 years($5,000), roof 3 years($4,000) and you decide to rent it out, after you replace it will you have to ...
Kathy Stewart
RUBS Utilities-How Best To Bill
My Partner and I use RUBS to allocate utilities expense for our Tenants and invoice through the Residents' on-line payment portal. We do this manually as the longer term Tenants are grandfathered and their utilities a...
David Glinski
Examples of a successful portfolio?
I understand the answer is always “it depends” but I’m looking for examples to help me understand growth and goals. I’m constantly going back and forth between shooting for owning many different assets or just aiming ...