Mark Baldwin
mortgages in wife's name
So I'm considering to refinance my home (I could comfortable afford the new payment) and pull out some cash in order to quickly scale in the SFR space. My wife and I file taxes jointly, though almost all of our incom...
Bernadette C.
newbie
Hi Everyone,
Great place to learn from many that have been active investors. Finally a great space to share info.
Thank you for a great Forum for all things Real Estate.
Bernie
Fareed R.
Collecting rents and utilities
So I rent a sfh to 4 individual people and doing following to collect bills and utilities, any recommendations to make it automated or anything else for making it faster?Also for the utilities can I charge any extra o...
Ryan A Shumaker
Software for Syndication- Please Help!
I am looking for software that will assist with the syndication process. We have a property in IL that we are looking to raise capital to stabilize and we want to be organized, professional, and efficient. Any help is...
River Ayton
Capital Gains Tax
TAX QUESTION!I am partnering with an individual to do a live in flip. I would live in the house for at least 2 years (to avoid capital gains tax) before selling. My partner would not be living in the house. Will he al...
Yong Jin Lee
?: Tax Deduction on people who are on W2 and do the rental property Investing
Hello! My wife and I are both W2 employees. We are carefully looking into starting rental property investing. However, one of our objectives is to reduce the tax burden we face on our W2 income. However, a local real ...
Paul Allen
Married Folks: Joint or Separate Bank Accounts?
Just curious how the DIY REI married crowd handles banking. Is your money merged? Is your money separated. Do you take a hybrid approach? Does being a RE Investor influence that decision?Wanted to take an informal pol...
Casey Habluetzel
Invoices during a renovation for tax purposes?
During a duplex renovation, do I need to get an individual invoice for every draw from my contractor for tax proof purposes or as long as I have proof I sent the money and a signed contract with due dates, does that s...
Adam Goldberg
What does it mean if Mortgage Broker is listed as property owner?
I'm just starting my Real Estate search and decided to try to find who owned a vacant looking, distressed property near where I am currently living. I got the name (just a name) from the city, and from a little bit of...
Armand P.
Updating my W-4
Hello-Trying to figure out how to update my W-4 for both state and federal. I'm a home owner and unmarried paying more than 50% of the costs for myself and other qualifying individuals who I live with. My question is ...