Hi All,I'm a new investor located in Orange County, CA. With the usual caveats in mind -- i.e., this doesn't constitute legal advice / consult your CPA, attorney, etc. -- I wanted to get a sense for how experienced in...
My husband and I are currently in the process of buying a cabin in Sevierville, TN and are in the employment verification stage of the mortgage approval process. One of his employers has gone out of business and we ar...
Much of the stuff I read on the forums are people recommending investing in or just outside of major metropolitan areas. Does anyone have personal experience investing in an apartment building in a more rural setting?...
Hi guys, I'm just wondering about the many books I've read about Robert T. Kiyosaki about real estate investing. I do admit many times after I read his books, I feel like I've hope again and after reading his another ...
For my current rental property, I file a Schedule E each year. And I have to track all expenses and income to do so.
Once I set up and fund an SDIRA via transfer from a regular IRA, what are the reporting req...
I suffered a kick to the stomach today. I work in the healthcare field, I make good income, receive a W-2 but I only work in 3 month throughout the year for multiple employers. My plan was to purchase my very first pr...
We recently put a property under contract that will be our first short term rental. We have owned long term rentals for a number of years, so we are very familiar with how to track and handle expenses on that type of ...
Just closed on my first house hacking deal (duplex- living on one side and renting the other). I know there are some tax advantages involved (currently my next reading topic). It makes sense to me that opening a sepa...
I just read The Book on Tax Strategies for the Savvy Real Estate Investor. It is a great book. And based on something I read in there I asked myself “how can I use my 401k to invest in real estate?”Setup:Toward the en...
Have been reading that a solo IRA would be a better vehicle for purchasing property as the property can be leveraged with a non recourse loan and not have to pay tax on the gains associated with the loan portion at th...