Do you still qualify for bank loans if your income is solely passive rental income, but no w2 income?

We're looking to sell our rental property that isn't performing well. We purchased the vacant land on 1/29/23 and built the duplex that spring/summer. It went up for rent in November 2023. The question is, what date i...

Quick question. if I buy an investment for $80k less then the property I sold, then put that difference back into the new property as improvements within 180 days would that be a different type of exchange? More diffi...

i don't see anywhere in the IRS code that states that the QI needs to be anyone in particular.  It just can NOT be a relative,  or your accountant, realtor, etc.I was just quoted a $1200 price for a 1031 exchange prof...

Looking to find 1 accountant who knows the US and UK tax code and with experience in real estate. Yes I know I may be looking for a unicorn!

I have a buyer thats willing to buy my fixer upper house as lease option. He wants to fix only the essentials to qualify for a bank loan. He is asking if we could put the sale price as what ever it will appraise for w...

Hi All,I need some input here. I need to open an LLC so I can get a business loan, seems simple enough but I'm investing out of state. I live in California and currently have rentals in Indianapolis. Do I open my busi...

I am trying to figure out what a Likely and reasonable Monthly ( PITI ) note I will Qualify for Situation:I am considering paying down 2 CreditCards down to minimum Payments of $25 each , thus Allowing me Another $8,0...

My husband is working full time. I'm housewife taking care of our child and rental properties.We have 5 SFR and one apartment building out of state, managed by PM.  We bought the apartment building vacant last year an...

Our interest rate on our home is high and we want to refinance. However we plan to begin our real estate investing journey by getting a HELOC to use for a down payment on an investment property. For all the mortgage e...