Laleh Omaraie
DTI Calculation Confusion
I have income from a W2, 1099s/Schedule C, and rental income on my house hack. Something about this seems to make calculating my DTI wacky; I know lenders aren’t just adding up my gross income from all these sources a...
Maximilian Benjamin
Self employment tax with property in LLC
Sorry for the long post but I thought this was an interesting email conversation...
...which ensued when I began discussing with my CPA about future expansion and what I ultimately want to do with regards to real est...
Nathan Gesner
Holdover Tenant: How do you handle?
The tenant was supposed to be out on February 18th. There's been no communication or payment or prorated rent for February. I drive to the house and see they are still occupying. Dog is barking, someone is yelling at ...
Chris Masons
Question on Trust Vs LLC
Are there any other benefits to putting a property in a trust VS LLC aside from when in a trust there is a beneficiary designated should the trustee pass away so it is clear who the property would go to.
I guess thi...
Dean C.
Househacking Strategy in NE Florida
Looking to invest here in Jacksonville, who has their pulse on the market? Wondering if anyone has any success house-hacking SFHs and where at? What's the best way to find a lender that incorporates rent roll into you...
Joe Caivano
Tax Strategy/Direction/CPA Vetting
Hoping for some tax advice. My wife and I are young professionals. Our income is around 300k combined, we file joint. We have two rental properties. We gross 17,800 on one and 60k on the other, so total rental income ...
Cory Tuck
Structure of General Contractor (GC) Incentives
I was wondering if anyone has come up with a successful agreement that aligns the interests of the owner and general contractor. I was looking to "partner" with a GC to work on some rehab deals. I want to set-up a s...
Matthew Furbush
Help Please! With new 2018 tax rules for rental real estate!
Hello! Help please! I am trying to answer a simple tax question. When I completed schedule E and wanted to enter the profit I received from the rental houses on form 1040, the 2018 instructions say put it on line...
Angela W.
Did you know you can Object to Title Policies and Survey
Here is an article I wrote: Title/Survey Objection Letter
Angela Walter, Texas Attorney - If free to message me if you have any legal questions!After getting a property under contract, the buyer has an opportunity to...
Kal Abi
Bigger Pocket pro include Stessa pro?
Hi,I am about to sign up for BiggerPockets pro version. Does pro version include Stessa pro features or Stessa Free version?TIA-Kal