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Hey All- I own a small apartment complex in a two entity LLC and am wondering what the tax implications are for a cash out refinance. I have done a lot of these for my own portfolio, but am wondering if the tax impl...
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Hello,
I'm looking at starting my STR journey to offset W2 income. I've been doing a lot of research which is making me nervous but also excited.
Need:
- Good CPA
- LLC
- Narrow down to 3 markets of interest: Sa...
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I am in the process of selling a commercial retail property which should net me about $2.3M or so. Have been looking at hotels (or larger multi-family) as the next move. I've owned a bar/restaurant in the past as we...
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Want to close more deals? Then ask for the business more. Most people, especially new wholesalers think they are the asking for the business but in reality they are not. Build up the habit of asking for the business a...
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So I purchased a "Turnkey" single family home in Detroit (specifically Taylor) last year. Things started going south almost immediately. Rents were late almost every month, then the renter decided to move out, and sin...
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I was wondering if anyone on here had heard about this controversial new bill that is going to be voted on for St. Louis County? The first couple of paragraphs of this article cover the broad strokes before offering m...
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I want to know who uses loan doc software to create their NOTES and disclosures when they lend their own money? Who do you use and why? I usually have the title company create the NOTE for me with their generic prog...
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https://laist.com/news/housing...
According to this article, a recent study showed nearly half of the LA short-term rentals were in violation of the law. LA collected $40,000 in fines last year, but could have collec...
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Morning BP, Ive been investing(Flipping and Landlording) full time since 2011 but I skipped wholesaling and jumped right into rehabbing because deals were every where. Now I see I skipped a vital step because I dont k...
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I'm in the middle of a dispute with some tenants. The building's manager, whom I've known and worked with for 7 years, says that these tenants seem nice/normal and she hasn't had any problems with them.Unfortunately t...