I was able to acquire a seasonal rental on my vacation home. I have a US citizen adult that is meeting me to deliver a deposit and sign a lease this weekend. The situation is it will be 6 seasonal workers from Peru oc...
We own 82 doors (12 properties) in 3 states. Our structure is LLCs passing through to our personal return. How much should we expect to pay for tax guidance, filing, and bookkeeping? Thanks in advance for your response!
I’m getting mixed signals on what the average rates are today for owner financing. Some say 8-9% since conventional financing is still low, others (who currently owner finance in my area) say 10-12%. Looking for anyon...
We recently purchased and did a complete remodel of a 4 unit property that we now live in her in Los Angeles. We want to buy another property this year but will not have the 25% down to do so. Because of this we ...
So almost all of our flips start out as Trustee Foreclosure sales at the County steps. But this is 1st time we have come across of a house with a leased solar system. Has anyone had any experience with this situatio...
Hi All,
Just a quick thanks in advance for anyone willing to read and respond. So here's the (abridged) story so far...
Facts:
Purchased Two Family in Belmar in April (Two Single Family Homes on One Lot) Using 203k...
My wife and I have invested on our own for a long time and we are starting to look at bringing in some investors to partner on short-term rentals. I am setting up a business structure to allow other people to invest ...
Hi BP,I’ve been looking around for a 4 family property to FHA owner-occupy in the greater Boston, MA area. I have seen mostly 4-unit properties but occasionally come across a single property with multiple structures (...
Looking for advice. I am contract on a mixed used apartment complex and we are currently in the inspection phase. We are deciding whether or not to pursue the deal based off the condition of the unit. However we have ...
Hi,My situation is:I have %50 Equity in a property worth 1M and would like to sell 2 properties which under different entities and buy the remain part of the property worth 1M, how differ the taxes this way on the p...