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Incorporating as a "New Every Two" Landlord
I am planning to invest in real estate using the new every two strategy with a twist. Instead of selling after two years, I plan to keep my previous properties as rentals. I have a full-time job, so saving up 20%...
Jacob Hartman
Picking a State - Income tax or property tax?
Hi there!I have the means to invest about $40,000 dollars (down payment, repairs, closings costs etc.) into a 3/2 SFH in a desirable state with a buy-and-hold strategy. In addition to state income tax, property tax, a...
Nick Dunin
Real Book of Real Estate by Robert Kiyosaki - anyone read it?
Hi Guys,
I just bought the book Real Book of Real Estate by Robert Kiyosaki. I cant seem to find any reviews on this book. Has anyone read it? What are your thoughts on this book or this author? It seems like in ...
Evan Bell
Multi family as Airbnb??
Just wondering if any of you have used your multi family properties as Airbnb instead of for long term tenants, or a mix of Airbnb and long term.
I just had this thought driving home from a buy and hold Meetup last ...
Michael Palmer
Possible Tenant tells you they have a felony conviction
Yesterday for the first time I had a potential tenant tell me the she has a felony on her record when I sent her my application. I Googled her name and found out she was convicted in 2015. My unit is in Buffalo, NY....
Lee Fahy
Fourplex Purchase Questions and Analysis
I'm looking at purchasing a fourplex with the following numbers:Asking: $225,000 (my research indicates he was asking $215,000 for the last two years)Property Tax: $3560 ( non homestead)----Built: 1977Heating: wat...
Rob Randle
Renting vs. Owning - Primary Residence
I am trying to way the pro's and con's of renting vs. owning. I rent currently and do not think it as bad as some people think. I'm looking for feedback and factors that I may be overlooking. On the investing side ...
Jodi Slocum
Setting rent and when to lower it
We've finally gotten possession of our first rental home after closing in March with an agreement for the owner to stay until May 30.
We put it up for rent last Friday for 1200. It seemed kind of high to me when w...
Sam Sav
Newbie from southside Chicago
Hello everyone, I've been reading around the site for a few weeks now and finally decided to sign up and introduce myself.My name is Sam and I am 23 years old. I am engaged, soon to be married in May of this year and ...
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Ask me questions on Real Estate Tax Strategy or Investing. Answering all Questions.
As a specialized real estate CPA serving investors nationwide, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your renta...