Jeff McNamee
Tax Implications for Rental Property With First Time Homebuyer Loan
Hi all- I have a condo I rent out that I originally obtained through a first time home buyer loan. Well my lender sent me a letter because they noticed this isn't my primary residence anymore and the loan states that ...
Dan A.
Implications of converting home from SFR to short term rental?
Hi all - can you please help me think through this scenario?We are looking to buy a home that will be a SFR. One thought that's in the back of my mind though is the potential for turning it into a vacation rental down...
Mehran K.
Single Owner Deeding Property to Two-Member LLC - Tax Implications?
Hi all! Quick question again. Tried searching on this specific topic and couldn't find anything.If a single individual person deeds an income property they just acquired to a two-member LLC which they are a member of,...
Roxanne Rose
cash out refi tax implications after sale of investment property?
Hi- here's my scenario and I need answers/suggestions around any loopholes or tax implications I should be aware of. This is all new to me but I think I have a plan. I want to do a $150,000 cash out refi on my investm...
Roxanne Rose
cash out refi tax implications after sale of investment property?
Hi- here's my scenario and I need answers/suggestions around any loopholes or tax implications I should be aware of. This is all new to me but I think I have a plan. I want to do a $150,000 cash out refi on my investm...
Cheryl Craigo
Home Equity Loans for Rental Down Payment and Tax Implications
Hi,
I am considering a Home Equity Loan (HEL) on my current residence (free and clear) to purchase a rental property. Is the HEL interest tax deductible considering the changes in the tax code? Thank you.
Phillip Austin
Tax implications of buying a rental in December vs. January?
Good morning,We are looking to see what are the tax incentives of buying a house outright in January 2021 or December 2020. We are new to the RE game and are looking for any advice that could be offered. If you have a...
Nicholas Lohr
Tax implications of the 3rd "R" of the BRRRR strategy?
I currently live in San Francisco but have chosen for my first deal to go to Sacramento. (for obvious reasons) At the moment I'm in the 1st R (rehab) of the strategy but I'm curious if anyone knows about the tax impl...
Todd Willhoite
Tax implication of having my LLC manage rental held individually
I am purchasing a rental property in my own name in order to get conventional financing. I have an LLC with rental property in it. It would be easier to keep track of expenses and in renting the property to tenants ...
Christine Krizenesky
Implications to using a HELOC as a “Hard money lender”?
2 Part question- This is hypothetical- wondering if there are any implications to using a HELOC as a hard money lender for our LLC to purchase a property that would be a flip, then once the money is made the LLC would...