Looking for some opinions here, particularly from some FIRE people.Background: I'm 23, a year out of college, earn ~60k in the military and carry almost no college debt. I've been maxing my roth IRA for the last three...
I'm planning on mounting an LLC to start my first real estate investments. My plan is to immediately re-invest all profits generated by the entity, in the name of the LLC, so I pay no taxes on it. I would probably inv...
Hi, my name is Tina and I am a teacher that is approaching retirement in Illinois. I am in the process of building a rental portfolio to supplement my retirement pension and would appreciate any pointers concerning ta...
If you do some maintenances on your rental property, such as fixing a clogged toilet, replacing a broken door, etc., can you count your own labor as expenses?
Thanks
I am 66. Can I transfer some of my self-directed IRA to pay down my mortgage on rental property? Consequences, if any?
We are in California, but doing business as a Wyoming LLC, how does this work at Tax time?(Tax deed investing...first year, all losses, but this year some deals in progress)
Hey guys,Im looking for buy a 2-4 unit property and house hack for my first time home purchase. I need a low down payment. I will be gifted the down payment up to 10%. Looking for a property between 900,000- 1.2m. Im ...
I’ve been chatting with a fund manager about our performing notes.
He asked a question I hadn’t heard before...Would we be willing to buy any loans back if the borrower goes 90 days delinquent?
Typically, when fun...
Hi,Assume there is no cost for mortgage requesting for my lender. Assume my marginal income tax bracket is very high, and mortgage rate is 5.25%. If I have lump-sum free cash, should I just apply it to my mortgage to ...
I recently read this article by Fast Company on a new real estate startup called Rhove out of Columbus, Ohio. The quick summary is they're offering renters in their buildings a small piece of equity on the property th...