Hi,Could someone share any IRS experience or their stance on tax deductions changes that went into effect after 2017?Question, can i use HELOC from primary residence to buy land somewhere else and be able to deduct in...
Is it customary and legal to charge interest on delinquent rent and fees? In the lease provided with his book on managing rental property, @Brandon Turner, includes a clause requiring 18% interest per year on delinqu...
For those who invest in distressed debt, I recommend talking with your servicer as well as reaching out to several states for Housing Assistance Funds. For example I believe in Michigan a borrower may get up to $25,00...
Hi All - Looking for advice on how to scale faster. I've done a ton of reading here and have found some very helpful posts but would love some feedback on my situation.
I live in an expensive market (San Diego Count...
It would seem that a HELOC for a down payment on a new investment property when it comes to SFR or 2,3,4 Plex is a no go due to Debt to Income ratio.But can I use a HELOC as a down payment on a 5+ unit?
Hi everyone!My name is Aaron Amarant and I’m 17 years old.I’ve been studying real estate investing for a few month now, but have always been around some larger commercial investors (because my dad is one).My experienc...
I have 3 rental properties, 2 of which are under an LLC with a friend..the other joint with my wife. My question is how does my K-1(partnership income) effect my dti.The main problem I have is the K-1 is total net in...
I live in SoCal. I can't house hack. I'm leaning towards out of state. Halp!
Hi,I'm still trying to grasp the idea how the process works. First you get hard money loan then when ready to refinance. How do you refinance into your name? Do you need to have good credit scores and low DTI? Jus...
Hey everybody:)I am looking to buy another rental property, I have enough equity in my main residence and in my first rental property to get me another property. Should I use the equity in my primary residence or from...