Patrick Bross
AirBnB Civil Action by Local Developer/Landlord
Hey BP,I've got a legal related question for the community. A local real estate developer/landlord has filed a civil action suit against what appears to be EVERYONE whoever operated an AirBnB that did not fall within ...
Sean McCluskey
Do 401k Contributions Reduce Income for Mortgage DTI?
Hey BP!
I have about $10k of self employment income for the tax year 2019.I want to have that income count towards my DTI for future BRRRR refi mortgages.If I make a large contribution from that self employment profi...
Seidy Lasker
Do state rental losses reduce diff. State income?
If you have a rental loss for a property lets say in California but live in New York but have no other income in California, could the loss reduce NY income or it stays with the state where the property is located?
Tom Camarda
New Freddie restrictions?
Is anyone aware of new Freddie restrictions where they are not doing any investor loans at the moment? I was told by my lender today that they have put a hold on all investment property loans until further notice... ...
Sean Petrash
Newb looking for wisdom
Hi all! I'm a travel RN with a few flips under my belt, one commercial property that turned out well, and am looking to purchase a property in New Braunfels, Tx to live in for potentially 6 months out of the year. I t...
Hugh O'Neale
Make my purchase contingent on new tenant moving in, same income
I'd like to purchase a retail condominium interest (multiple tenants, multiple units) situated in a mixed-use development at a price that is supported by a DCR (debt coverage ratio) that lender approves. Found out th...
Carlson Driver
Do expenses on long term rental reduce earned income
I have a long term rental in a duplex (one of which is already rented) that we are just putting on the market. We have spent say about $10K of money to rehab the property before renting it out. Assuming that our taxab...
Damikaz Tormen
Canada, negative cashflow rental property to reduce income taxes?
Hi everyone,I am currently living in Canada and I'm in a position where I am getting eaten completely from taxes on my salary income. I'm maxing my RRSP, TFSA & FHSA but taxes are still eating way too much...As su...
Sheryl Sitman
Corona Impact - A Fast Rental Market Assessment Tool
There will be a lot of near term disruption in the rental market but that very much depends on the market sector of the property. To analyze how each segment will fare the crisis, we created a table which we call, “Th...
Brett B.
M.U.L.T.I. - Topic 1 - Downed Units
M.U.L.T.I. Stands for Money, Utilities, Legal, Tenants and Investment. All of these intersect in your Multi Family units. Each discussion I would like to focus on one aspect of the M.U.L.T.I acronym and get people's f...