Jay Macarus
[Calc Review] Considering a 4 unit as my entry point
Hello! Id love to gather an outside opinion on a deal I am currently reviewing. Based on my plan requirement of location, positive month return, and house hacking strategy, this property came up but I am curious if th...
Troy Stidd
How have tax laws changed regarding IRC Section 121 Exclusion?
Hi,
I just finished reading this article that explained how the different tax laws worked together. It is a pretty good article, but it is a little dated. For anyone that is well-versed in this topic, have any tax la...
Kevin Poimboeuf
Partial Note Fuding-Private Lenders any experiences?
Id like to hear if anyone has had experience in partially funding a real estate note...where two or parties fund a fix and flip for a real estate investor but NOT going through one of the larger crowdfunding compa...
Ben Stout
How do you keep your PITI reserves?
Hey everybody, When financing/refinancing investment property, it seems a 6 month PITI reserve is the normal requirement for all properties owned. For some people, this is a sizable amount of money. I would think most...
Adam S.
REO in Joint Jurisdiction
I am an investor interesting in Purchasing an Maryland REO that is being marketed through an online auction company in Maryland. The property is unusual because it's divided between two different counties. It has t...
Brian Lee
Capital Expenditures
Hello BP! Do I include cap ex or reserve when calculating NOI?
Ben D.
Do you need to add rehab cost to FHA 203k loan?
Hello everyone,When you apply for a 203k loan, do you have to take a portion and allocate it to rehab costs? For example, if a house is worth 200k, with rehab costs of 25k do I have to take 225k out? Can I just take o...
Edward Barnes
Neighborhood Flood Projects
Just curious what everyone's thoughts are on this and what it means for investors. Obviously, in our area checking flood zones is critical, I'm just wondering if property in a "special service district" would deter or...
Jennifer Rysdam
Who pays the HELOC payment?? #1 or #2??
When you take out a HELOC on property #1 to purchase property #2, which do you have pay the payment? I was thinking of making it like a loan to from #1 to #2 and making #2 pay it back to #1 to cover the monthly HELOC ...
Ayne C.
Investing in a private fund
I have a tax question I'm hoping someone will entertain.. I'm going to invest in a 506b fund and I'm wondering.Is an income generating asset taxed more favorably when held inside an LLC?-Yes-No-DependsThank you in adv...