I’m currently house hacking a two family home renting out two apartments (living in the basement apartment I built for myself) I have a FHA loan but my questions are related to filing taxes, & claiming income / d...

Four months ago, a team and I formed an LLC. We’ve completed the basics:- Business Plan- OA- EIN- Business RegistrationWe have a pretty good process in place that we’ve tested with properties that our parents own (est...

Hi guys,Lenders have strict DSCR requirements. For instance coming in at a rate of 1.3 per year.  I bring this up because during the initial years of building ownership, to improve long term cashflow a building owner ...

For the 50% rule, if I'm analyzing a deal involving a condo with a HOA fee, does this charge go into the debt service/mortgage part of the other 50%.

Also, what about PMI? Where does that go?

I'm curious about my financial spending plan. When it comes to paying myself; could/should I use that money to pay the mortgage off and if ever needed, I can try any equity loan rather it sitting in an account. Plan i...

I am contemplating buying a co-op with my longterm girlfriend with whom I have a child. I was wondering how would we handle things at tax time if we split all monthly costs 50/50? Such as mortgage and maintenance, etc...

Hey Everyone!

I’m a newer investor, and I’ve kept my eyes on the triad (Winston Salem, High Point, and Greensboro) for close to a year now, and heavily in the last few months. There seem to be some zip codes (2726...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $109,000

Cash invested: $95,465

Two family, 5 bedroom, 2,000 sq feet plus of living space built in 1910.

...

Hi all, I recently purchased my first duplex. It's an OOS investment in a great pocket of Indianapolis with great cash flow day 1. I know it's likely lower appreciation, which is something I'm ok with since I wanted t...

Hi friends, I'm looking at Cozy and had a group question about the 1099 they report to the IRS after you hit 20k in received rents.   Is this an extra step or process at tax time?  Benefit /or hassle..Thanks for your ...