Hi- I own an SFR investment property that a family member helped me rehab. I own the property in my name. Question - can I 1099 my family member for helping me rehab the property and increase my cost basis and reduc...
Hello. I will obtain a real estate license for the sole person of purchasing rental properties for myself. Any recommendations of a real estate broker in the San Antonio area that I can link up with as a salesperson? ...
Hey everyone. This is my first attempt at an in depth question since joining the forums. Not entirely sure I have thought of every consideration, so feel free to point out what those additional consideration are.My go...
We have an income property in another state. We have had it for almost 10 years. It is an interest only 10 year arm. It will reset in February and become a 20 year arm (principle and interest). There is no equity in t...
Hello! I've recently hired a VA for $2.5 an hour to help with bookings and guests management, and my crew coordination. Curious to find out if anyone else has done the same thing, and what are you experiences. So far ...
Looking to get some info on future prospects of SE Austin in 78617/78725 zip codes. Bought a SFH last year and has appreciated by >100K thanks to Tesla. Do locals believe there is further upside here now that Tesla...
Complaints about lack of heating and cooling in upstairs new townhouse. Buying a 6 month old townhouse. How can this be remedied?Putting ducts in the ceiling seems stupid to me but apparently common practice these day...
Investment Info:
Single-family residence buy & hold investment in Austin.
Purchase price: $340,000
Cash invested: $150,000
Premium quality AIRBNB making above average returns for it's locale.
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Hello,My LLC owns 2 apartment buildings (60 units and 35 units) that are going to experience a relatively significant loss this year after depreciation and expenses. I am a "high income earner" because of my income fr...
Hi AllI'm looking for clarity on the tax implications for a seller when owner financing. The seller I am dealing with only has one reservation on carrying a note and that is the tax implication. The details are as fol...