Hello,I am working with a client who has farmland held in an S-Corp (current tax basis is approx. 5% of market value), It seems there is not a way to sell this property without having to pay capital gains, since it is...
This time of the year is when I start thinking about annual benefits enrollment and health insurance options. One of the more advantageous tax planning and personal finance strategies is to enroll in a high deductibl...
Because I'm new to this, I'm sure this question may seem stupid. When buying a house to live in, a financial institution looks at your salary and your expenses. But, how do finance institutions allow people to have...
Some background: I have a high W2 income (top tax bracket) and my wife qualifies as a Real Estate Professional.We started investing in RE this year (3 SFH) and I have been looking at the option of accelerated deprecia...
Hi BiggerPockets Community,
I’m a lender exploring opportunities in hard money lending and would love to hear from those with experience. What have been your biggest challenges and successes with hard money loans?
Hi everyoneI’m looking to do a cash out refi on my rental property so I can purchase another property. I am able to pull 45k out of the property but my interest rate is going to jump 1%. I’ll be losing $350 in cash fl...
Hello all,
I am looking to purchase a empty lot to build a dream home. A property came up in my area and as I investigated the lot, I found out the seller only wants cash. My question is, how can I convince the selle...
What is a no-ratio loan? Much like a DSCR loan for an investment property- a no ratio loan does not look at your Debt-to-income ratio (DTI). They are mainly focused on your credit score and cash reserves. This is a gr...
I am currently using cozy to accept rent and utility payments. The issue I am having is cozy let's the tenant make partial payments on rent and utilities and there is no way to set it up so that the tenant can only ma...
I am an experienced real estate professional who is expanding into investment properties. My role involves raising capital and collaborating with investors interested in leveraging my business to facilitate their acqu...