Hello everyone,I purchased a 5BR/5BA townhome with private pool in Davenport resort community for STR use and occasional personal vacation use. I am looking to self manage with a local team for ops/cleaning and some a...
Hello. I need to open an LLC (Corp2Corp contact is coming), but I'm not sure in what state to do it. Currently I am located in TX but in 6 months I will relocate to WA.
What option is better:
1) Open LLC in WA ($200...
I am wanting to do a cash-out/refi on a property CRA is auditing my 2022 taxes, bank won't initiate an application if taxes show owing. I have sent everything back to CRA and expect full amount owing to be reversed. B...
Recent list I'd thought I'd share from the National Association of Realtors by way of Vacasa. Their analysis showed beachside communities offered the highest ROI. There are a definitely a few locations I've considered...
So I Just listed to Postcast #272 and I learned the 1% Rule of thumb "If a property rents for 1% or close to what you pay for it more than likely has positive cash flow" Your thoughts ?
About to deep my toe into the market, however I would like to seek a little wisdom from persons whose recently invested in the Orlando area in regards to short term vs long term rental.
I recently left my travel industry of one year and am currently a nanny making more money (roughly $800-$1000) a week however this is cash so it is non-taxable income. I also work part time as a server for extra money...
Hi,I am registering a new LLC in MA to manage my real estate investments. There is a section that isn't clear to me:"Register with the Massachusetts Department of Revenue. State law requires your LLC to register with...
Hello,We had some land that we purchased earlier this year and went through the platting process with the county to subdivide. We sold a few parcels off already in a traditional fashion but I have one that has me scr...
I am new to the multi family investing business. I was wondering how much cash should I put aside for taxes? We don't have a state tax so should I save 20% for federal taxes?