Orion Walker
Extra people have moved in, what should I do?
Hi Folks,I have a 4plex and I rented one of the small upstairs apartments to a single person. I recently learned that a girlfriend and toddler have been living there too, or at least there quite a bit at all hours. I ...
David Elliott
Commercial Loan and Personal Guarentee
How is a commercial loan to an LLC (s-corp) with a personal guarantee considered in a primary residence mortgage application?I currently have four rentals and a primary. My DTI is around 60%. I'd like to build in a fe...
Andre' Arceneaux
LLC for out of state rental(s) or no?
I have been researching a lot on the subject for at least a year now and the subject seems more split than I anticipated (the presumption was "yes"). I understand everyone's motives and objectives are different, even ...
Jennifer S.
Looking for accountant with knowledge in US /UK / real estate
Looking to find 1 accountant who knows the US and UK tax code and with experience in real estate. Yes I know I may be looking for a unicorn!
Nhi Nguyen
Rail road right behind prop, which is also close to intersection
There’s train passing by about 2-3 times a day, honking when approaching the intersection. So it would honk right at the property. Would you do it if the numbers work out and there’s still plenty upside ?If you would,...
Robin Edwards
First time homebuyer Tax Law: Need help
My wife and I are looking for a house hack property in Houston or Galveston. This will our first time buying a home, so we are very green at this.We are using my IRA account to fund our down payment. I understand th...
Stefhon Walker
15 Questions for Successful Real Estate Investors
I'm young and learning Real Estate as a means to get where I truly want to be career wise and in the end use it as a behind the scenes career or possible full time. So while that is the case I have a few questions tha...
Susan Dias
Tax advice for sale of rental property owner occupied
I’m in the process of selling moms house owner occupied for 60 years. Selling to pay for nursing home. After she moved to NH 3/2022 I rented all three apartments for 2 years. Evicted them for no rent and refusing to ...
David Rutledge
Questions to ask GC
Hi everyone,I am a relatively seasoned investor with over 10 rentals but I just closed on a property in North Park, San Diego where the plan is to make some additions and add and ADU on the lot. This is the first time...
Peter Lampione
Expenses
Hi! This is Dina, Peter's partner (and wife!). We just introduced ourselves on BiggerPockets 2 days ago, and we warned everyone we have a bunch of questions...so, this is the first one that's been plaguing me. I'm a n...