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My partner and I purchased a home using an interest only loan last year and rehabbed it in order to make it a STR. All of this was done in our LLC name. It's been renting great, but now the loan is coming due and I am...
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Hi everyone! I'm 17 and I will turn 18 next April. My goal is to buy my first property when I'm 19 that I'm going to house hack. I have $14k saved up right now and I have my own business, from which I earn about $1-2k...
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Hi all,My brother @Aaron Smith is planning on 1031'ing proceeds from his 4 unit into a 4 unit renovation project in Washington DC. Two quick questions for all you 1031 experts:1.) Can he 1031 into an LLC? (meaning can...
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One of my rentals has an angled driveway with what I believe is a french drain (image below). Whenever it rains, sediment gets clogged up in the box (circled in blue) and if I go in and scoop it out, the water drains...
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My husband is starting a small handy-man business and we are also looking at LTR's near us. Can our rental hire and pay my husbands company to do repairs on the home, or is that a not allowed?
Disclaimer. This only applies to NYC unfortunately. But I'd love to see something like these sites that could serve states or nationwide.Hi All,I'm new and of course never rehabbed before. All over the podcasts I hear...
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What are things you wish you knew or had started doing on day one? How early is too early to start to bolster your team with a CPA or attorney?
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Hey everyone. So, full transparency, I am the one within my small syndication of investors poor planning to get into the market in the next year. I am curious how much my consumer proposal which was filed January of 2...
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I am looking to purchase a House Hack opportunity in Rochester, MN to help bolster my wealth. Is there any agent/person with info on duplex owner occupied house hacking in Rochester? Any tips or tricks? I am not reall...
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The employee retention credit is still available!
If you haven't claimed it, here's what you need to know:
The Employee Retention Credit (or "ERC") is a generous stimulus program designed to bolster businesses tha...