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Results (321)
Sahaj Bhakta Need Advice about LLCs - foreign vs. domestic (CA resident)
2 March 2022 | 5 replies

Hi Everyone! I would appreciate if any accountants, lawyers, etc. can shed some light on the implications that arise from being a CA resident who invests out-of-state through a business entity such as an LLC.
I want ...

Josh Dean Vacation loan considerations
30 August 2021 | 0 replies

Hello! I am looking to buy my first short term rental using a vacation loan. I know about the general requirements of 1. staying in the property some of the year 2. good credit 3. less than 45 dti. I would like to hea...

Robert Brisley Renting primary residence & buying duplex via FHA loan
30 April 2016 | 0 replies

I estimate I could rent for approx $1600/month in my market. Here are my options...I could sell this property and make approximately $40k right now (lived here for 2.5 years) or rent it out and sell later. below are n...

Vladimir Nemchinov Garage fire claim denied
26 March 2020 | 3 replies

Hello there everybody,
I own a property that is my primary residence. There are two garages, one i rent to a guy who is a contractor and stores his materials there. Two weeks ago it caught on fire. My insurance compa...

Sahaj Bhakta CA resident wanting to form LLC to do business Out of State
23 February 2022 | 1 reply

Hi Everyone! I would appreciate if any accountants, lawyers, etc. can shed some light on the implications that arise from being a CA resident who invests out-of-state through a business entity such as an LLC.I want to...

Phil K. HELOC vs Second Mortgage - for rehab - need some expert advice!
5 February 2022 | 3 replies

I have a family member who owns two houses, free and clear - no mortgages and no HELOCs.  
The cheaper house, "House A", is about three times the value of "House B".  Both houses serve as on and off again rentals.
B...

Ingryd Hernandez Fix & Flip post lived in and rented for 2 years
13 January 2020 | 0 replies

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $144,000

Cash invested: $23,000

Sale price: $225,000

Purchased home 4 bed, 3 bath 2855 sq ft, 5621 lot - origin...

Jeff Lawlor Bookkeeping: How Do I Split Personal and Business Expenses?
30 September 2023 | 8 replies

I have an ADU next to my primary residence and often buy things for both units. I'm using Stessa and looking for the right way to record only the business expenses.Here's what I'm doing:1. Enter an inbound "owner cont...

Joe Capobianco Am I able to refinance?
19 June 2020 | 1 reply

I purchased my SFR in 2017 for $150k. I have $100k left on the loan and have a couple questions regarding pulling cash out, changing the loan and closing costs. Making things easier let’s just assume my home didn’t in...