When getting a portfolio loan, do the banks loan you the money just for the down payment on the house? or do they loan you the money to buy the property? or do they give you the money for the property and the rehabs?
Thought it would be fun to see what credit card you guys like for your real estate business. I am not a flipper, I am only looking for a card to use solely for my RE business expenses (buy and hold), nothing else. Boo...
Hi there, I'm a newbie in the research phase. I'm considering this as a career change and trying to absorb as much as I possibly can while setting a deadline of March for buying a property.I love numbers, spreadsheet...
Good morning!
Apologies if this is in the wrong category as I am still new to this. So If you have read my bio or other post you would seen I’m only 19 but eager to get started. I have been looking for many deals for...
Quick question about Airbnb tax write offs... can cleaning fees be deducted from rental income? How about the cost of purchasing a new washer and dryer to clean Airbnb linens? Thoughts?
Good afternoon BP family,
Home Depot offers a 24 month 0% financing card, but it is only available to “consumers”. I have a project within my real estate business/llc that will cost around $20K that this card would ...
Hey all,We're just getting started in the flipping and BRRRR world. We have an LLC with its own checking account to use when paying for stuff. We'd like to get a credit card that's specific to this business. Are th...
Looking for recommendations for non-traditional lending options for residential properties (SFH or duplex). Need new strategies to purchase properties and refinance existing after reaching 10-loan limits with Fannie ...
New poster so please be kind. I'm a high income professional and so is my wife, and we are looking into a vacation rental purchase that will serve for both tax depreciation (cost seg study and bonus depreciation again...
Without a Cost Segregation Study, this $900,000 Office Building in Kalamazoo, Michigan purchased in 2021 would have generated first-year depreciation of approximately $23,000 By applying a Cost Segregation Study, th...