Two nights ago, I attended a meeting in Prince George's County about buy and hold investing as well as managing your own properties. So I'm just going to jump into some of the things we went over. Feel free to add any...
Hey Everyone,
I currently have a deal that I'm looking to raise about $999K for; It's a B-class, 94% occupied apartment complex about 20 minutes from downtown Tampa. I've underwritten the deal and the numbers work fo...
I'm considering purchasing a vehicle to do showings as an agent. Can that purchase be deducted? Is it better to create a depreciation schedule for it? CPA friends, help!
I have 20+ units now and interested in doing more BRRR and Flip projects in the near future after achieving FIRE in another year or two. For this, I want to get a truck for renovation/landscaping/demo/home depot trips...
I need some advice. I have an attorney who will charge $1,500 to place a new rental property into an LLC. The LLC exists already. Thoughts?
Being fairly new to real estate investing I have an odd question...
Are there certain terms or jargon used to describe the steps/levels/scenarios below?
1. Paying for your own mortgage on primary residence and your ...
Dear all,I am readding NOLO's article referenced at the end about how new Tax Law changes 179 expensing.Do I read it correctly that I can write off a car cost (new or used) 100% using 179 expensing?My scenario:- Me an...
You always here the back and forth debate about buying or leasing a car. I personally have never leased but am considering it, given the following details. Car Value ~16kCar Loan ~ 6kEquity: $10kPayment $485/moWould i...
I get that sense that most here are direct investors in single properties and personally manage the properties owned. I am leaning, however, more in the direction of private real estate investing and crowd-source fund...
Looking to build a future financial cushion that keeps us in the lowest taxable income brackets possibleGetting to the point where we may have additional funds to invest. Then there are investment properties which we ...