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I've heard conflicting information concerning tax law where it concerns the 800/yr fee in Ca. My broker has told me that the fee is waived the first taxable year, however I was curious as its just about time to get i...
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Hey All,I've perused through the Canadian section and there doesn't seem to be a great deal of info on this topic. I'm looking for some information on how one can go about purchasing a rental home in Canada under a co...
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Hey all, currently own four Florida rental properties (one triplex and three SFHs). I created a sole-member LLC to own and manage the triplex, and then created a second LLC to own two of the SFHs. The last SFH deed ...
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AllI’m considering selling interest my primary residence to a partner in exchange for X% equity. I plan on moving out of the house at the same time and using the money as a down payment on my next primary. Would this...
Hi all. I'm new here and looking for potential advice on a Roth IRA situation.I am a graduate student on a fellowship stipend. This stipend is my only source of "income," and is not reported on a W-2, but the entire s...
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Hello, my lender told me that he can use my business to get me a 30 year loan on a rental property.
However, if I sell my business then do I no longer qualify to buy a property in the future?
I make money in diffe...
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BP,
Lots of ambiguous info out there regarding these tax matters (to be expected). If I have 6 rental properties, all under a single-member LLC, is it worth exploring the option of listing income on schedule C and t...
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Hello!, I am new to bigger pockets. The wealth of information is dizzying to say the least. I am currently looking at my first rental investment. I have ran the #'s and the cash to cash return is pretty good (about 3...
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I have a verbal agreement on a sale price on a SFR here in Yukon, ok. I want to pay off the existing mortgage and the seller with cash so I can brrrr the property. This is family and I know the only lean is the existi...
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Hey Guys,I am a co-owner/manager of an LLC that owns and operates investment properties in California. I also manage the properties while living in one of the units.I currently receive a property management fee which ...