Tony G
cap rate clarification
When calculating cap rates, i understand in the article below, ali boone advises us to NOT add the mortgage payment. If this is true, wouldn't the cap rate be 4.5% vs 9.7%?
358 x 12 = 4296 / 94500 = 4.5% (m...
DL Martin
457b to SD IRA (real estate) ?
So I discovered that I have two 457b accounts (from a prior job that I had) that combined equal $30,000.
I turn 50 in October and can withdraw the money without penalty and simply pay the tax at my normal income tax...
Robert C.
what neighborhoods are the best to wholesale?
Hello,
I live in the suberbs of Nj. There is a mix of price ranges in my town. They range from 5 figures all the way up to 7 figures depending on where you're at. What areas usually offer the most deals. S...
J Acosta
Tax Benefit for Dec 2020 vs Jan 2021 purchase and expense
I assume this is a simple enough question that experienced real estate investors could answer so I put it in this forum vs. tax.I have my first buy and hold rental under contract scheduled to close before Christmas De...
Tiffany Groom
Rental expenses with no income
I purchased a home in August of this year with the intent of renting it out by November. I put a lot of money into getting it prepared including new roof and other deductible expenses. I won’t be able to rent until 20...
Hongling Lu
Getting Real Estate License?
Hi All, I hope to get your opinion on getting a real estate license. At this point, I am not seriously considering real estate agent career. I am new to real estate investing. I hope to get some form of fundamental ed...
Matt Triola
Should I Rent it or Sell it?
Hello everyone, we recently bought our neighbor's house, tore it down and built a new home. Now I'm interested in renting the old one out. I would have about $600 cash flow per month. We have a lot of equity in the...
Angel Garcia
Should IRS form 1065 be filed when a property is not under LLC?
Hello,
Last year my business partner and I bought a property in Missouri. We were working with a bank that told us since the beginning of the buying process that they could close the property under an LLC. We opened...
Todd Sullivan
Becoming an Expert in Subject-To
Hello All!I have found Subject-To investing to be particularly interesting, and with what the market likely will see from Covid-related foreclosures, I think there will be a landslide of opportunities for this investi...
Daniele Rosman
How many loan applications should I submit?
I'm new to real estate investment and have spoken to a few lenders. I had thought that I should send applications to quite a few to get the best rates/offers, but one lender told me I should just pick 1 or 2 and apply...