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Hello, my name is Rayjunior nunez. Currently, I’m building up my savings as well as my work 401k. I’m probably one to two years away from Real Estate investing but I’m interested on working with a tax accountant from ...
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I feel like every LLC question is someone in CA... One theme I do see (besides the high annual price of CA LLCs....) is you need a good attorney / accountant. Do I need BOTH or just one? Does anyone have an LLC in Was...
On a rental property, should you add the home insurance to your residential home insurance portfolio to get a better rate? Or separate them?
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Hi. I am a relatively new buy-and-hold investor who owns two properties in my own name and two in LLCs with partners. I am continually searching for new opportunities, but suspect when I find them I will continue to o...
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I have been buying single family homes for rentals the last 7 years. The question I have is everyone always talks about all the passive losses that come with properties. I typically experience a loss only the first ...
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Hi, Forgive me if the answer was posted somewhere else (could not find it). My husband and I own 4 houses, one of which is our primary residence as of Sept 15, 2016. The one we moved out of is being prepared for ren...
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I am finishing up the rehab on a property, and in order to do this, I took a signature loan to acquire the last bit of capital needed.I transferred the full amount of the loan into my business checking, and setup auto...
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Hi, I'm going to be selling a rental property in WA state and using a 1031 exchange to re-invest in another market. Can anyone recommend a 1031 exchange custodian in WA State. I'm told by a local bank where I live i...
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Good evening BP,Out of curiosity, how much should one save off of the cash flow that one could make off every unit? For example, say I bought a home and it cash flows $400 a month after all expenses. Am I free to spen...
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In a situation where somebody owns property free and clear and sells it to a friend and agree to non interest owner financing , what they need to report anything to IRS besides that one sold the property and the ot...