Your goals and outcomes in life are nothing but compounded habits. Focus on doing the activities that will help you find your passion and one day lead you become the person that you intend to be. There is something sa...
Hey all! I’ve finally pulled the trigger and now a few weeks from closing on a 2 unit in my “back yard”.While I’ve read about many tax / write off advantages to investment properties, I wasn’t planning on getting an ...
I have house under contract that I would like to cancel. We found out during the title search that the owner owes more in personal taxes than the purchase price of the house!
The title company is telling me t...
I just start looking for my first rental property. At this point, LLC might be costly, so I don't consider to use LLC as my land trust beneficiary.
For the privacy purpose, can the land trust apply for one tax ID num...
Hello All,Thank you in advance for the help. I'm reaching out as I'm getting ready to make my first purchase of a property. To give you the details on the property, it's a single family residence with two in law sui...
This post is meant for my accounting colleagues - an invitation to debate, basically.Let's consider scenarios.1. (clear) You buy a rental with a $100k loan. Two years later, you refi into a new $100k loan with better ...
I was wondering if anyone can help me out on a Hard money loan question in the Tucson Arizona area.Well like any real estate investors starting off I run into another roadblock..To keep my story short:
I want to focu...
I am doing a cash out refi on my personal property so we have the cash to buy a BRRRR. This is our first time doing this and after reviewing the refinance mortgage paperwork there is a page for the commercial purpose ...
Below are my questions whether to buy or lease a car? 1) Let's say if one buy's a new car under his/her personal name or under company name (driving for business more than 50% but some personal use too), then they can...
Hi guys,Does anybody have a foreign LLC (an out of state LLC) holding ( owning/operating) a Pennsylvania property?