Hello Everyone,
I'm preparing to purchase my first investment property in the new year, which I plan to house hack. I already have an LLC that I originally set up as a business entity to facilitate managing, overseei...
How does your tax accountant report rehab costs on your tax return? As ordinary expense as incurred or defer the costs until the house is sold?
If I transfer title on a property from a trust to a individual or a individual to a trust or a LLC or any combination, will this make it difficult at time of sale? How will this affect the title policy? I will was at ...
How do you find the legal description of a property to use when filling out a contract?
Hey guys, I closed on a townhouse on Friday, and the RE agent was supposed to be my property manager to deal with the inherited tenants. Long story short that isn't working out. So, I am on my own with this for now. ...
I will be giving owner financing, writing up a mortgage, for a young family on a house I own. They both have decent jobs, but their credit is down from former divorce and other things.The house is $25K, they are putti...
May 2023REAL ESTATE NEWSBrought to you by Brian Nostrant.Five Ways to Build Home EquityWhether you currently own a home or are thinking of purchasing one, you may be looking for ways to build equity. Home equity is th...
Just a quick query of the syndication sponsors out there. 2019 will be the first tax year that I have participated as an LP in a syndication(3 properties, 2 separate deals). When do you typically have the K-1 sent out...
Hi everyone, This may be a bit out of left field but I'm now living in the UK full-time but my aim is to come back to the US in 2 years once my Visa expires. However I am trying to buy an investment property for the t...
I am very new to this site, as well as the industry. I have been reading a lot of the different discussions and now have a few more questions. It seems the general consensus is to start small for a first purchase; how...