Adam Koch
Private REIT in Self Directed Roth IRA Avoids Taxes?
I'm considering investing in two private REITs within a self directed Roth IRA. The specific funds are DLP Lending Fund and DLP Housing Fund. They invest in 1st position real estate investment loans and direct real es...
Account Closed
Using NPV for real estate investments
I like to use Net Present Value when evaluating deals, but I don't see it a lot on this forum or other real estate evaluations. Can anyone shed some light on why not to use it?
Diana Galindo
Rental Property with Bathtubs converted to Shower
I have a new rental. The property has 2.5 bathrooms. The owner converted both bathrooms to have stand up showers. I thought because of the ADA, rentals had to have at least one tub. Is this correct? If it is, whe...
Parker Shoaf
Buying my first Rehab...is there a Rehab checklist?
Hi, I am buying my first Rehab to flip. I have a General Contractor in place, but as I am working on getting my first deal and looking at properties to evaluate the numbers. Is there a Rehab checklist that I should ...
Troy P.
CPA Suggested Using 2 LLCs
Hi all,I'm relatively new to REI and extremely new to business entities. I took the advice of so many others and sat down with a tax advisor and attorney. I'd like to put the protections in place now to shield curre...
Mark S.
Tax Deduction on Live-In Duplex
My buddy is considering buying a duplex, living in half, and renting the other half.
Would he be able to deduct all the interest paid on his mortgage, or only half because the other half is a rental?
Thanks in adva...
Andrew Gomez
Questions about covering property taxes with depreciation
I own a trucking company (semi trucks) and a few of them i have personally guaranteed and appear in my credit report. My question is, in Texas my Taxes are usually net negative due to the ability for depreciation on t...
Kimberlyn L Moultrie
Wholesaling OnMarket EMD and Escrow
I have a property under contract and am planning to wholesale and double close. I’m still looking for an end buyer but want to make sure I understand the process before I submit EMD.. Once I have an end buyer, their n...
Amy M.
Can anyone help me ballpark a residential rehab?
Trying to make a decision on whether or not to purchase a total rehab. We have an FHA rehab loan and a decent amount of money (~$100k) - but i have no idea how to quantify the cost to do all of the work. Its a 2700...
Heather McClean
NYS timeline for tenant late rent notices
Hi everyone, I'm having trouble finding an actual timeline with specific dates I can send notices to tenants for late rent keeping in mind the new NYS housing laws. I inherited a tenant that doesn't like to pay rent ...