Ryan Cruz
When to LLC (Now? Later?)
Hi, I'd like to get some feedback regarding at what point I should form an LLC. So currently I own one rental property, and am in contract on another. Both of these properties are out-of-state. I've seen both forum...
Christopher Lane
Growth formula? Is there such a thing?
So I know there is no hard and fast formula (or maybe there is?) for growing a portfolio.
My speculation is that by using the #BRRRR strategy you can grow exponentially rather than linearly (the stack - sort of) by t...
Patrick Shep
HELOC- solo vs with spouse on loan
I’m getting ready to apply to HELOC on my primary. Spouse and I are on the title and loan. I believe I can qualify for the HELOC on my own, saving my wife with additional debt ( when used) on her credit.Is there anyt...
Kristen Dolotina
Tax Write Off for Landlords - what % comes back to me
Good morning!
I am a new landlord of a condo and am curious about my tax write off's. I'm clear what it is I can write off, what I'm not clear about is how much (or what %) of each category will come back to me. He...
Josh Edelman
Rentals to Military on TDY
Many military members come to Vegas for several weeks to months at a time for exercises and events. What does this mean? They need a place to stay, if not on base, and that my friends, is paid for by the military.What...
Shera Gregory
Can I MAKE a participating loan from my SD 401k?
I know that I would have to pay UBIT if I BORROWED to purchase a property in my SD 401k using a participating loan. But is there any restriction regarding UBIT or other aspects if I were to MAKE a participating loan f...
Brandon Montgomery
Does your first rental really save you on taxes?
With the standard deduction being 24k (or so) for married couples will one single family rental save us on taxable W2 income? I just purchased my first property and plan to BRRR it so it will have 20k or so worth of r...
Amir Navabpour
Accelerated Depreciation/Cost Seg studies-what order?
I think I have decided I want to do cost seg studies on my portfolio to accelerate depreciation. My current CPA does not have experience doing them. For those of you who have done this, in what order do you recommen...
Matt Sterling
Questions About Making My First Offer
I'm making my first offer on a property Monday. It is currently bank owned and they have been doing tons of updates and are still in the process of doing more and all will be completed before a new owner would take o...
Scott L.
Newbie First Duplex, repair?
So I'm closing in on my first deal and have a few questions. By closing in, I mean I close in a month.It's a duplex that could use some TLC, one tenant has lived there for 10 yrs, not leaving and her side has not been...