Xin-Ran Jiang
Questions about FHA pre-qualifying for multi-family
Background: I been working on Airbnb arbitrage for 4 years now. I rent properties and rent them out, under agreement with owner.Went through pandemic, I feel my strategy is mature enough for me to move on to next stag...
Zachariah Wilhelm
Health Insurance for Realtors
Hello All,
I'm a real estate investor in NY state with 5 units currently and 2 more under contract. Looking to transition from my day job into real estate full time as a realtor. However, the problem I'm running into...
Jason Bilbrey
Loan from Solo 401k AND Traditional 401k?
If I have a Solo 401k funded at $200k and a traditional (company ran) 401k funded at 200k also, can I take $50k loan from each to have $100k for a downpayment on a rental property?
Clare Cui
Verifying Australian Credit Score and Background?
I have someone applying to my property, and they are here in the US on a work Visa. I do a rent by room strategy, and I use a tenant application platform (Turbo Tenant which I love) but they're having trouble inputtin...
Scott Robinson
Federal Income Tax %
What % should I be setting aside for Federal Taxes on a flip that takes 4-5 weeks? This would be our first rehab and we may do one or two more this year. Does that fall into the "investment" category with a lower ta...
Christopher Williams
Tax classification
Hi all. I'm new to real estate investing and from the Philadelphia area. I recently set up my business using legalzoom. The main function of the LLC will be to flip properties. While I do have a minority partner, I wa...
Account Closed
Single family residence lending needed in San Diego
Hi there - I'm looking to buy a SFR such as a 3 BR / 2 BA and right after convert it to a smaller SFR and ADU. I would then like to convert the garage into a second ADU and rent out both ADUs. I make $20k gross monthl...
David Jennings
Partnering with a 401k
Good Morning
Im looking for the best way to partner my llc with my sisters 401k.
We are thinking of buying the property in the 401k and when the property sells the 401k pay my llc any thoughts on thi...
Jackie Linne
Taxes question for LLCs
I recently created a Single Member LLC, mainly because I don't have trusted partner(s), so I didn't have a choice.Is it true that SM LLCs do not have to report federal taxes and all profit/loss activities should be re...
Michael Glunk
Kalamazoo Michigan Real Estate Trends
I'm looking for additional information on the Kalamazoo Market. Real Estate trends, Job trends, etc. Has anyone ready any good articles lately and or have any personal anecdotes or hypothesis based on personal experie...