Ryan Moore
Interest paid to private lender
FYI: I'm still out hunting for a good CPA, but I wanted to know something. A portion of my down payment for my MF rental came from private money. Can I deduct the cost of interest that I am paying towards that priva...
Usman U.
Buying my existing investment property with self-directed IRA
Hello all,I've been reviewing these forums and have been doing a lot of thinking of paying off my existing investment property with my 401k funds.Current State:1. Investment property has 150k mortgage left. Valued aro...
James R.
Cleaning Fee. What do you charge for 2,500 square feet?
I recently got a survey from Airbnb about my cleaning fees and why I charge what I do. In the end the questions were geared towards encouraging me to: 1. eliminate my separate cleaning fee and include it in the nigh...
Megan Dettenmaier
Contractor has tools stolen...my job to replace?
New investor here - my contractor informed me yesterday that my house he's rehabbing was vandalized. They took many tools that totals approx. 10K. He's asking me to contact my insurance to make a claim, however this w...
Jacob Cast
Renting out bedrooms in my house
Good morning,
I recently moved to Arnold and bought a 4 bedroom house. I have someone who wants to rent out a few bedrooms, my question is what steps do I need to take ensure this is successful? Also is there any tro...
Jeremy Frederick
offsetting real estate income
This is my first post on here so bear with me. I am looking for ideas on how to offset my real estate gains. A little background is I am single and make approximately 150k/year in my non-realestate W2 dayjob. I have 3...
Jeff G.
Estimating Income Taxes on cahs flow
Why are income taxes never incorporated into cash flow calculations? I am on track to have 6K positive cash flow in my first year for a house I bought this January. I however don't have the slightest idea how much o...
Michael Sheibar
LLC vs. Umbrella - Specific Scenario - Need help
I know this topic has been hammered, but still cant decide whats best. Looking for feedback on a real world example. -Singled Family Rental Property-Rented to College Students Sept-May, and on a weekly basis in the Su...
Jeremy H.
Calculating the "Cleaning Fee"
How do you personally calculate the cleaning fees?I've been running into this lately in my STR analysis. I have talked to PMs in the area and am told the "cleaning fee is a pass through cost" - I understand that the g...
Marlaine Monroig
Got cash offer before listing on market-Should I take it??
Hi--would love advice! We bought a 1/1 condo that my husband completely renovated mostly on his own (my husband is a contractor w/ a background in architecture). We just bought a multifamily off market and got a prett...