Wendy S.
Remodel house more or wait to buy another house?
Hi guys,
So I purchased a retail split level. Spent abt $33,000 to make it a decent 4/3 which I househack with 2 roommates which essentially covers my mortgage and utilities.
Now, I'm considering putting in another ...
Gaspare U.
How do GP pay structure get taxed
So when a GP in a syndication gets paid how are they taxed if the payment is:
a fee (acquisition, refinance, etc)CF splitAlso, does the GP get to benefit from depreciation in either of those? Thanks in advance!
Mitch Davidson
Which write-offs will help or hurt for future mortgages
Hi friend. As an STR investor and mortgage loan officer as well, much of my focus this time of year is on helping my clients prepare for upcoming loans, and specifically on how to maximize their DTI. Some of my client...
Lucas Dubs
How to buy a house to house hack with a lack of claimable income?
I’m getting out of the military soon and I’m looking to buy a house that I will live in and rent out while I go to college. I planned on using the VA loan so I could put 0% down. The problem I’m running into is my len...
David M.
401K Loan and Employer Matching
Hello BP'ers,I've been over and over the forums reading the 401K loan threads as much as possible, and see the point people are making when they mention that you are paying it back with post-tax dollars. However, if y...
David Hackney
Limited Liability Corporation or S CORP
Need advice on Business entity. Me and my wife are both W2 employees but we have an option to have my wife be a 1099 Contractor for the school she works for. I am reading and trying to determine some benefits of the S...
Marcus S.
Really? 240k income "insufficient" to buy a 140k investment property???
Okay, I admit it:While I do have a pretty good income, I also have higher expenses than most people. But with 20k a month, is a mortgage payment on my primary residence of $3,500 really that big of a deal? (Especially...
Josh Coder
College Town Rentals
Hey! I live in a college town and am looking to start in the rental business. My thought is then using an investment property and renting out the rooms to individuals (probably college students). Any tips, tricks, or ...
Jennifer MacDonald
Criminal background checks
New landlord here..applications come thru with a clean criminal background check. I also look up potential tenants on social media, mugshots.com, google them and find plenty of arrest but no actual adjudication or ca...
Alexandria Green
Title Company
Im a newbie in the real estate world. Im trying to find a investor friendly title company in Orlando. Dont want to go around cold calling : /