Hi, my husband and I are 2 members of an LLC (treated as a partnership). We decided that it's easier to buy a rental property using cash instead of trying to find a mortgage under the LLC name. We have some cash sav...
I have a former primary SFH that is fully paid of and about to reach the 2/5 years rule. I have no plan of selling it. I want to convert it into an LLC to offset the capital gains. I was about to start an LLC, but few...
So I was wondering if anyone has bought a property using a hard money lender, then in 6 - 9 months, refinanced getting a regular mortgage through a bank for a buy/hold? Can you get a buy and hold property using the h...
Hi all!
Newbie pending landlord.
Which sites/services would you recommend/have experience with for background checks and credit checks?
Thank you!
Mari
Hello dear friends!I am a buy and hold investor. I know any expense before I buy my first rental can be treated as start up cost but I would like to get some input on tax treatment of expenses incurred between two re...
As we’re entering the Holidays season, the following questions must be in every Landlord’s mind:
1/ Do you always reward your Stellar Tenants?
2/ What about the Bad ones?
Hi All,
I'm starting my 1st Rental Property Rehab, and have seen questions regarding the categorization of the rehab expense (for tax purposed) as to whether it should be treated as Repair/Maintenance vs Capital Expe...
Looking for some opinions on some damage found by the inspector today on a house we have under contract. Evidently there is some old damage where it was treated a long time ago in 1995 (the pictures in white) accordi...