Jamie Hora
10-Acre Subdivision - Project Completion- DFW Area
I just wanted to share a recent project that I've just wrapped up. This is a ~10-acre subdivision in a Dallas-Fort Worth suburb. It is complete with 18-lots, roughly 0.3-0.5 acre lots. I was the civil engineer (not...
John Underwood
TN tax return for a STR?
I know TN has no state tax.Is there any requirement to file a TN return on a STR? I live in SC.Wyoming LLC owns a TN land trust that owns the cabin.My CPA asked me and said sometimes a state return is filed, but I jus...
Shannon Reburn
DSCR loans...Does the property have to be inside a LLC?
Anyone with experience in the DSCR loan space, I would like to know if all DSCR lenders require the property to be inside a LLC. I got a quote from a Lender the other day, but they mentioned they can only do the loan...
Justin Goodin
A Real Estate Syndication - What’s That?
Let’s start with the basics. The term syndication means pooling resources. A real estate syndication is when a group of people pool their funds and expertise together to invest in a real estate asset together. Instead...
Thomas Gagnon
Need iPhone app to send multiple tenants common info
Currently I utilize texting and when necessary personally call individual tenants who don't have cell phones when I need to notify an entire building of common information. Specifically things like, need to move cars...
Marcus I.
Help with a RE "sell or keep" issue
Need help in making a critical decision. This is a little lengthy of an issue for me, but I’ll try to keep it short while still giving you the proper details.
I currently own a home in AZ that I am renting out and h...
Connor Dunham
Need advice to structure a note to refinance student loans.
So, I've recently applied to a few banks that refinance student loans (earnest, sofi, and commonbond) but was rejected (I'll explain more to anyone over PM if you're interested in the back story). So, my thinking is (...
Tetra Gershwin
Dividing property line
I own two individual properties on the same lot. I would like to refence the yards differently which would result in one unit having a significantly smaller yard than the other. As long as the unit is currently vacan...
Thomas Watson
Withholding Requirements for sales of property by Nonresidents
Is there a way to avoid withholding requirements when selling property in Maryland? On the sale of an investor property for 32K I will have to pay almost $2500 in withholdings.Withholding Requirements for Sales of Rea...
John Laney
1098 for a Family member Loan
Hello, Last year my dad gave me a 100k full recourse loan, at fair market interest rate, for a primary residence.Looking at IRS pub 1098 https://www.irs.gov/pub/irs-pdf/i1098.pdf It looks like we need to fill out a 1...