I'm working on buying my first buy and hold and am trying to figure out the best way to work bank the accounts. I plan on creating a checking and a linked savings account specifically for RE. I was figuring I'd have...
In today's real estate investment market the mortgage matters. For those not purchasing with cash, assessing income or cash flow can often come down to the terms of the mortgage financing for an AirBNB or Vacation ren...
Hello all,I'm just looking to develop a game plan at this point, so this question is not something I am trying to act on right now.I recently purchased my first property using an FHA loan. I am interested in refinanc...
I currently work a full time job and plan to begin investing in real estate this year. A real estate investor from a certain real estate investment group (which charges $20,000 for a mentor lol) told me to go exempt f...
Recently my tenant received a very huge water bill due to a busted pipe under the slab. There were no visible signs of leak above the ground. I got the whole house re-piped and intend to cover the excess usage due t...
Hello,Me and my wife both work fulltime on w2. we are planning to start investing in the real-estate this year. I am not sure how I can take advantage of the rental losses here. As I went to one of the tax classes an...
Hi, First time dealing with a NNN lease. Since all maintenance, taxes, insurance, improvements is done by the tenant, what other types of deductions are available? Thanks!
Hello everyone. I need to reduce my mortgage costs! It's my largest monthly cost. I don't have any other costs I can reduce. I am looking into converting or building a new mini ADU from where my current detached 1...
Looking for insight on how to reduce the out of pocket cost for an income property loan. My initial thought was a seller funded down payment, but I am not sure if that is permitted for an income property loan.
Any ...
I recently attended a seminar where the speaker was talking about the various real estate businesses he owns so that he can move expenses around, thus reducing taxable income dramatically. So for example, one business...