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I have one property rented out that is cashflowing nicely ($690 a month, Zillow valuation $83k) and now I want my second one.I like in the UK, investing in the US, so, the usual lenders won't lend me any money on eith...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $35,000
Cash invested: $40,000
Purchased in Warren, MI for 35k cash plus ~5k repairs (fixed up myself), closing cos...
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Hey everyone,
I've found a property, settled on price and received a quote for a loan: 3.5% 30yr. But I had some questions revolving around strategy and how to allocate money.
I can currently save $1K/month from my ...
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Hello. Can anyone tell me what the max contribution limits would be if I held multiple retirement accounts? For example, I have a Solo 401K, Rollover IRA, SEP IRA and Roth IRA. How do I utilize these various accounts...
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Let's say today all your wealth & your network just disappeared. What would be the first thing you did and why? Really interested in hearing what most of you think is the best starting point to building your wealt...
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I have bought a house. I rent 3 rooms out of 4 (I am resident there and I live in the 4th room). I read all the IRS Publication 527 (Residential Rental Property) but I am still confused since I don't see my exact case...
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Below I will give you my portfolio and some of my strategies we are considering for the future. Would love any and all input on how you would allocate money to best set your self up if you were in our shoes. To start ...
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If i want to build a huge investment portfolio,should i buy rentals under my name,company or trust for good tax benefits?
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This year l left my W2 job. I do flips and have a few rentals. Is there any benefit to giving myself an official paycheck and W2? I do want ability to get loans. I have 4 years good schedule C and interest income.
First let me thank you for any advice. I’m a 43 year old business owner. I’ve owned my business for 14years. My business has been lucrative where both myself and my wife and 4 young kids have great comfort. I curr...