Zoey W.
I HOPE I am misunderstanding this... Colorado now limits tax deductions!!????
I hope I am misunderstanding this regarding new tax law in Calirado... sorry I meant Colorado...."Effective January 1, 2023, single filers are limited to $12,000 and joint filers are limited to $16,000 of deductions. ...
Gwen Fyfe
What would you do in this awkward landlording situation?
I rented out one of my properties a couple months ago. I vaguely remember that I thought there was central air in this one because I had glanced at the thermostat and it had a "cool" option (yeah, they all start to bl...
Caroline Gerardo
FHFA backed down on granting LLPA better pricing
After the MBA and hundreds of mortgage lenders and consumers complained to their Congressperson the FHFA rescinded its plan to offer a bit better pricing to lower FICO score ranges and debt to income ratios. Though ne...
Cindy Veit
BRRR method - put property in LLC or personal name?
It has been 10+ years since I have bought a rental property. We currently have 7 loans in our personal name. I was looking for a bank to do a cash-out refinance in our LLC. One banker asked, "why don't you put it in y...
Michael King
Docusign or something else?
I'm in the early process of reading Brandon and Heather's book on Managing Rental Properties. Chapter 2.
A question I have is this: I want to have leases signed electronically, like using Docusign for example. Are t...
Tim Lovell
I have a Dumb question,
I have found a property I am interested in. I made a verbal offer. Realtor for seller wants a P & S. Do I wait for counter offer or do I proceed with P& S. My lawyer has not gotten back to me yet to advise.Tha...
Jim Issa
more payments in calendar year
hello folks ,
i recently purchased a primary residence home
and my first mortgage payment was in November 2016
i know that you can only make 12 (13) payments per calendar year and deduct only the interest paid durin...
George Mathew
Creating LLC's to own LLC's
Does anyone have experience with creating LLC's in Nevada, Delaware or Wyoming to then own an LLC in another state?
Emeric Harney
To LLC or not LLC for multiple longterm rentals
Hi all, My husband/business partner and I own 3 rental properties in NC. We're getting ready to invest in another property and wanted to know if we should consider setting up an LLC now. Some places have said to set u...
Ruchi Patel
Mortgage Loan Transfer to a LLC
One of the lenders i am working on with buying a two family said once i get the loan under my name, a 30 year conventional said the deed of the property can be transferred to a LLC. Can someone please explain what the...