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Hi All!I own a SFH rental in the Charlotte, NC area and I am currently working with an applicant interested in my rental. For some background I have already received a rental application and performed my due diligence...
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As a millennial and recent college grad and wanting to begin building a portfolio of properties while working a full time job, a question I constantly find myself contemplating is how to plan for an early retirement a...
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I won’t invest in rental property in my Self-Directed IRA!Yes, I said it! In most cases, it isn’t advantageous to invest in rental property in with my Self-Directed IRA. Since there are a number of prohibited transact...
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I received an email from Cozy stating that a tenant disputed their rent payment/marked it as fraudulent with their bank. Cozy then reversed the payment, which had already been deposited into my account, and withdrew i...
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I have always been curious how how significant my tax benefits can be from the purchase of real estate. So a little background info on me so you understand why I ask the question.... I am a current multi-unit restaura...
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This is a long post, but I figured I would post my situation and a decision I am trying to make along with a spreadsheet I made to track financial independence. See link below. You should be able to copy and paste int...
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Can a seller back out of a signed deal if they don't like the home inspection report details? I settled on a price which was good but at the top of what I considered a "deal" (only by a few thousand dollars). Sellers ...
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Hi all! First time posting here.Dad died a couple years ago and I inherited a house. The tenant has been there since 2014. I let the tenant know about the death in 2022 and that I'd be taking over. In early 2023 I tol...
I am interested in transferring my 401(k) from my previous company into a Self-Directed 401(k) - NOT a Self-Directed IRA - for the purpose of investing in cash flowing rental properties. However, I don not have a busi...
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So I get my taxes filed by CPA for the first time in my life, and paid a premium fee of $685. Things went smoothly for the most part, other than couple of MAJOR issues which I cannot afford to overlook. I am detaili...