Gipsy Field
Mortgage points buydown tax deduction
I bought a triplex December 20, 2018, I live in one unit and rent the other two. I bought down the mortgage interest rate by paying 7.5 points. my tax preparer said to wait until next year and take the deduction cred...
Fernando Zavala
New - St. Louis, Missouri (SoCo)
Hello all,I am glad I found this site and will be here and on youtube reading/listening/watching and gathering as much information as I can to prepare to make the move to get started. However, just as I start to make ...
Jemma Jacques
Commercial loan needed to buy and fix up apartment building
Hello,
I am in escrow on a building in North Memphis and need to get a loan to buy the property and fix it up, can anyone point me in the right direction please of a good lender for this? someone who is quick is idea...
Hernan Guelman
State tax as a reason not to get into new state?
Live in CA. Have 3 investments in Multi family and flip via syndication in FL, TX and CA.Syndication now offers me opportunity in Atlanta GA. Seems to me that it is a problem for me since it will be my first (and henc...
Kimberly Jones
Lease Purchase and the $8k tax credit
Anyone out here thought about doing a lease purchase? It has recently come to my attention that the 8k tax credit works on lease purchase deals as well as straight up purchases.
We were quite surprised so I thought I ...
Alison Colby
Should I open account with credit union in state where investing?
I am a beginner investor (no deals yet) and looking to invest in a different state than where I live (but not far). I am trying to be prepared from a financial standpoint for doing that first deal. I understand that c...
Geraldine Veiman
How can international investors get funding in the US?
Our family resides in Guatemala and we are interested in investing in real estate in the US. I have the advantage of being a US citizen, but I´m unemployed; my husband, who provides the income for the family and could...
Mike Reynolds
Questions about an offer
Made an offer on a portfolio yesterday. It is 54 doors. It was accepted but they want proof of financing first. Then (and only then) they will release the tax returns and maintenance reports and allow me to inspect th...
Kyle Lane
paper, property and business managment systems
I am trying to learn some tried and true old school methods for manually managing paper rental property and business records. I can't believe how difficult it is to learn about old fashioned record keeping methods. I ...
Shelly F.
Question about Approaching Banks for you Experienced Investors!
I am a brand new pre-investor (haven't done a deal yet!) and I'm getting ready to get my financing lined up. How do you recommend I approach the local community banks in my area? Intro Letter? Appointment? And then si...