I am in North Carolina. I have a chance to purchase a property at 50% of current tax value. Both the owner and I agree that the value it is way to high based on recent comps in the area. Is the county under any obliga...
I'm a new investor in the Charlotte NC area. Working with single houses. Looking for advice on property managers. Any recommendations? Any advice on mid size management teams vs large region wide management companies?...
Investor in her mid 70's has a rental house. It's been a rental for 10 years and she's never lived in it. Her basis is $170K and its market value is $300K. She does not want to invest in more real estate. She wants to...
My friend and I are 50/50 partners on a couple of investment properties. At this time he is taking on more of the work so we are looking to make sure things remain fair. Is there a way for me to reduce the share I h...
My familys has a LLC set up that is mostly used to pay for my grandmothers care via rental propertys. I am the manager and I do not take a salary or any other payment from the LLC. I know you arent supposed to comingl...
Perhaps a no brainer of a question, let me explain...
Lets say I have a loan. Halfway through paying off the loan I somehow acquire a lump of cash that can pay the rest of the loan off.
Am I able to pay just the ...
Maybe this has been posted before, but I'm not finding it. After speaking with our accountant, it seems like we need to be accumulating a portfolio to help offset the W-2 earnings. How do you calculate the depreciati...
I’m trying to see if I can optimize our financial situation with respect to our rental property that has been cash flow positive since put into service back in 2014. Any recommendations or suggestions are welcome.We f...
Hi all, will try to keep this as short as possible for everyone's benefit!I live in Australia and earn a good salary that has me into the 37% tax bracket.I invest in property in the US via an LLC, of which I am the on...
Hi all, buying my first STR and selling a piece of land I bought in 2021 for 4x to help reduce the note. I’ll have this place more than 50% paid off and will see how the rental market fairs before adding leverage. T...