Eric Lunsford
Tax implications for a private lender
I apologize if this has been answered before. I did a brief search and didn't find anything that answered my question. I'm wondering how private lenders get taxed on their earned interest as they loan money to RE inve...
John Shoup
Portfolio loan preventing Fannie Mae loan
Do we have any underwriters that can help? I have zero mortgages in my personal name, but I have a portfolio loan under my sole owned LLC, in which I'm NOT a personal guarantor. Because I have "ownership interest" ...
Sam Alpha
Refusal To Pay Commission
I have found a decent deal which I am deciding to flip. It is a short sale (price approved) and when the bank realized that the buyer (me) was also the agent, they turned around and said that they would not be paying...
Edward R.
Tenant disputing Sec. Deposit charges - time limit they can?
My property is a fully furnished house; I do short term rentals only in NYS.
I had 3 guys in there for a 2 month lease in late October (company paid for). 18 days into their lease I discovered pot and smoking goin...
Mike Gasper
Bought a second at auction, how do I pay off the first
Lender of 1st will not give me any info since I am not the borrower of the first. Any suggestions?
Lowry Coe
Thinking about starting an LLC to invest with friends
Me and two to three other buddies are considering investing in some properties together. We each own one home of our own and want to invest in more but we each only have about 10k of disposable income right now. We fi...
Jane Dang
Add brother to title of my primary SFH
I am refinancing my primary property. I want to add my brother to the title but not on the loan. Will this cause any Tax issue? Does this consider I am selling 50% of the house to him?
Padric Lynch
Court Ordered Sale of Property
Situation: a seller that I am working with inherited a property and then married her husband. Long story short, her husband does not want her to sell the property, and she would like to sell it without his knowledge a...
Art Ray
Tax Write Offs
If I want to write off books (education), gas on trips out to potential investment properties, attorney consultations, etc., should I have an LLC already in place, or can I write them off later once I obtain an LLC?Ba...
Kevin Phu
How can I redeploy the equity in my SFH rental bought with VA?
Looking for some advice or strategy on how I can I can redploy the equity in my VA loan rental.Purchased in 2017 with 0% VA loan. Moved out a few years ago and it is a full on rental property. I owe about $428k at 2.2...