For context, a quick background.I’m 23 years old, just graduated from college, making 45k a year (going to be relatively open here about finances because I want the most accurate feedback)I have about 60k in student l...
I've tried researching this without luck. Seller plans to donate most if not all of the sale proceeds to a particular charity. Can buyer and/or someone on buyer's behalf agree to make a donation to same charity as p...
Wanted to hear some peoples opinion on this question.Due to maximum loan restrictions for a 30 year fixed mortgage on a 2-unit building in Chicago, a portion of my loan is being financed through a HELOC. The interest...
I didn't have to login from my phone almost every time I pick it up. Is this a iPhone issue or a BP problem? I feel that when I get an email notification and click the link it should auto-log me in. The app makes me l...
Hello!I am in the process of qualifying rental income I received as eligible for contribution to a Solo Roth 401K
I manage rental of 3 apartment units I own. I have no other activity that I dedicate for making inco...
We are a two-member LLC (for real estate buy and hold investing) where each member has 50% ownership. Each member contributed equal amounts upon opening of LLC earlier this year and there have no distributions to date...
I am looking to purchase a Fourplex but my debt to income is too high to secure a loan. I was looking to bring in my father-in-law to assist in securing the deal. I have $60K cash I can work with which would cover a d...
My wife and I have purchased two rental properties (a tri plex and a duplex) in the last several months. For these first two we used savings for the down payments. Our long term goal is to have a portfolio of cash f...
Just FYI for anyone who may still want to make a 2016 IRA contribution. You have until the end of the day tomorrow, April 18 this year.
I'm a realtor in Austin and am representing a client purchasing their primary home. I'd like to contribute a portion of my commission to my buyer to lower their cash-to-close. The lender has a requirement that the buy...