Just contemplating selling one of my STRs and buying MF. I purchased it in July 2020 and it has been running as a STR full-time since Feb 2021.Any thoughts, strategies, tax consequences, etc, I should be thinking about?
Lovely couple and her sister living in House . great tenants . sister says she might move back to Florida one day and refuses to sign the lease renwal along with the others. not sure how to proceed. I don’t see any n...
Had a discussion with potential tenants for my SFR. Their current landlord bought the complex they live in about a year ago. He told them that their previous deposit left with the old owner and they had to pay him a...
Hello,I own a single family rental home in Memphis. i bought it and financed under my name not knowing any better (in 2015). Looking now to put it under an LLC (which I have already), but my current mortgage holder ...
Is it possible to transfer a property from a LLC to an individual? I'm looking to BRRRR a property and the HML I'm looking at using requires the property to be in a LLC. Could I transfer the property back to myself to...
If the proposed legislation is enacted, you will no longer be able to purchase any of the above investment types in your IRA. Further, you will be required to dispose of any such investments that you currently hold in...
So I bought a house to fix up with a rehab loan, but I didn't realize it was a strictly Buy to Lease loan. My plan was to move into it during the rehab process since I have a tenant moving into my current home. I foun...
Hello,I am a real estate investor in CA. I own rental properties in Florida, Tennessee, and Illinois. I already filed my federal and CA tax return. Do I need to file state return for FL, TN, and IL?As far as I underst...
I have heard about investors buying multi family homes as owner occupied to get around paying 25%. If you rent out all the units and dont live on the property how would the bank find out and what are the consequences ...
If you buy a garage converted to an ADU, what are the consequences not getting a permit and if you get permitted what the costs and steps to take in?