Would I benefit from having a LLC after getting my first buy and hold?
I just read in Han and Macfarlane's tax book that profits from flips get taxed as ordinary gains, not capital gains. What is defined as a flip? If we merely paint and cleanup and maybe replace carpets for less than $...
During a duplex renovation, do I need to get an individual invoice for every draw from my contractor for tax proof purposes or as long as I have proof I sent the money and a signed contract with due dates, does that s...
Here's a topic I have not seen. I currently live in Texas and our son's first choice school is in Indiana. I am originally from Indiana and still have most of my family there - so I do have connections that would he...
I have a client, owns SFR with ADU. He rents the SFR and lives in ADU- having same address and all utilities are in one. Do we treat this property is Owner occupied or Investment for lending purpose on Jumbo products?...
I am a new investor from out-of-state and would like to purchase my first SFH rental in the North Austin area preferably in a 25-mile radius from Austin. I am specifically looking to rent it out based on a rent-by-the...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $245,000
Cash invested: $15,000
The one that started it all... lived here 2009-2014, have rented since for average ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $245,000
Cash invested: $15,000
The one that started it all... lived here 2009-2014, have rented since for average ...
Investment Info:
Townhouse other investment.
Purchase price: $1,300,000
Cash invested: $1,300,000
Short Term Rental in Atlanta
Weekend rate: $1,000/ night (unit A) 100% occupancy
Weekend rate: $1,00...
My lease expires at the end of the month, but I hadn’t heard anything from the management about renewal. I contacted the front office today and the person I talked to let it slip that they’re about 2 months behind on ...