Hi guys, I have recently closed on my first investment property ever. And just consuming as much information as I can, I initially planned on transferring my asset to an LLC (will reach out to lender before doing so a...
On 7/11/17 we had over 10 inches of rain in less than a 24 hour period. Needless to say our rental basement was flooded with the water line coming up about a 1' above the main level floor. 7/14/17 - Police finally all...
The new tax law made it so that the gain on the sale of personal property can no longer be deferred through a 1031 exchange (1031s can now only be used for real property).Likewise, the new tax law made cost segregatio...
The treasury dept and IRS just released the final set of regulations for the popular 100% bonus depreciation schedule. And great news for the Real Estate pros trying to avoid taxes... the “placed in service” date was ...
Hey everyone, Andrew here from Brooklyn.Today I am reaching out because I have passed my Real Estate Licensing exam to become a licensed real estate salesperson within the state of New York. I have no initiated the li...
I applied for an SBA EIDL loan almost immediately after they announced it. A few days ago I got a note saying they still have my app and sit tight. I got a 2nd email yesterday saying they were going to process it, and...
I'm looking at a company called Safeguard Advisors who deal in self directed ira's and other investment. I would like to know if anyone has used these guys. If not can anyone offer advised on where to go to open a ...
So please correct me if I'm wrong. But, I have to reside in the house for a year if it is a FHA loan? What if I was to find a house and use the FHA plus 203k loan, then once I'm ready to sell convert to a convention...
As the title says, I am struggling to get a HELOC right now. I have 3 properties, all cash flowing really well (yes, I am including vacancy, repairs, and funding a CAPEX account). However, as a result, of my tax forms...