I have heard so much about people successfully using HELOC as a down payment for investment property. Decided to do the same. We owe 95K on our primary residence, wich is valued around 200k. Went to the bank today, th...

Who do you issue 1099s to? I have flipped a few houses this year and want to make sure to do everything right from a tax perspective. I know I saw where you should issue one for anyone paid over $600, but in that case...

Will be moving soon to a (annoyingly) HOCL area for career and to be closer to family.Based on career/projected income, was offered a 0% down, no PMI, owner-occupied option (Rate is ~4.8%) from a bank we have a relati...

Hello,Does anyone know if you must pay tax on the “income” earned after refinancing a home you recently rehabbed? If I invest total cost of 80k in a home, get it refinanced at 120k and get 70% of that to invest in ano...

Hi everybody. I am Sidney, an investor from Ontario Canada. I have experience in both rental and fix-fip projects in Canada. Right now I am looking into investing in US real estate market. Would like to start in aroun...

Has anyone had any experience investing in real estate using a IRA or 401K account? Just wondering how well this works?

I am thinking to leverage my rental portfolio to make income for my wife so that in couple of years she can get qualified for rental loans by herself. She is a stay at home mom taking care of our two kids. I do at 9-5...

Wanting to understand how the interest part of our income (partnership LLC) for short term loans- mostly fix & flips, are considered for tax. One accountant said it’s not subject to self employment tax since it’s ...

Hey everyone,I met a Wells Fargo home mortgage consultant at a meetup in Virginia. I told her I was interested in house hacking a 4-plex and using the first time home buyer benefits for that situation as well. She was...

Hello BP,

I'm planning to build 10+ spec homes in state of Illinois over next a couple of years. The plan is to build and rent and perhaps sell off a few as we go along. I have a partner who lives locally and...