Rebecca Mocan
New to Real Estate Investing, Looking to Invest Soon! :)
Hello! My name is Rebecca. I am a brand new Registered Nurse now working at Overlake Hospital. I'm really excited about my job and love it so far but I know this is not exactly what I want to be doing forever. I start...
Michael Spindler
Benefits of using PM and Tax Deductions
Hi,
I am leaning towards using a PM (property management co.) from day one.
Are the tax benefits (deductions) worth enough to the bottom line to offset the costs of service? Do you only realize a benefit when you g...
Lalaine Hagler
Pros and Cons on Running your rental property as an LLC
I own 1 rental property and was wondering if I should put it on LLC. Just wondering what are the pros and cons or if its even necessary. Thanks in advance!
Kurt Dorsey
Can I in essence sell my self a refrigerator?
Little background, I am not to rental properties, my wife and my self just purchased our first duplex. Apparently the refrigerator is not working in one of the units and the old landlord never fixed it yet promise...
Adrian Brown
Rental properties, LLCs, & S-Corps
I have rental properties in KS & TX and I use property management companies to run them, but I'm "active" since I materially participate and often make decisions regarding tenants, repairs, HOA notices, and major ...
Michael Ting
What if you make a lot of monies with day job?
I like my day job and expect to make a six figure salary in a few years. I hope to invest in a couple of multifamily properties. I used to think of real estate as passive income but being in this forum for a while I n...
Keith N.
For a Solo(k), is rental income equal to self-employment Income?
I apologize if this has already been answered. I tried searching for the answer to my question, but was unable to find it.I just finished reading the BP book on tax strategies and am interested in setting up a solo 4...
Anthony R.
STR Self Managers - What's Your Monthly Mgmt Costs?
Hi All,
Things are moving forward with getting my STR up and running by end of next month. I'm still on the fence about self-managing remotely vs a local PM company. Those of you who self-manage remotely, have you ev...
Daniel B.
Self directed IRA allowable activity question
Hi, On self directed Iras I understand it is more about who you can invest with vs what you can invest in,And my IRA can not self deal with myself or most of my immediate family members. I have done 1 self directed I...
Susan Tan
When is house hacking not worth the sacrifice in quality of life?
House hacking is often considered here in this forum as a good beginner's move to getting started with the first rental property. When does house hacking & self-managing a property NO LONGER worth the time & e...