Hello! Fellow Investors, Thanks for taking the time to read the questions and answering. I am a small time investor and do have 2 investment properties. Both giving a small but a + cash flow. I am now looking for a 3r...
Looking to connect with some people who are doing Airbnb in or around the triangle of NC. I have some long term rentals in Durham, and Garner. Am looking to expand my portfolio in NC, and looking into Airbnb as a fu...
Can anyone share proof that a federal K-1 can sometimes result in lost tax benefits? I was recently told that unless an investor is in the top income bracket(s), they will not fully realize the tax benefits of a K-1 w...
Tax question. If you and a friend have a 50/50 LLC and you drive say 10 miles to check on the venture, is that $5.80 mileage expense:
a. an expense put on just your K-1?
b. an expense put on the LLC's tax form (882...
Hello - I will be investing in an multi family apartment complex via an LLC. I have always invested as an Individual in past but now that I have a TRUST (living trust), is there any benefit to invest as a trust vs an ...
I have a friend who has done an amazing job building his contracting company. He's been flipping in the area for a couple of years now and he's been pretty successful. He's been using hard money to fund his flips. ...
Hi All,I have two adjacent lots in Baltimore City on which I plan to build two two-unit dwellings i.e. four units in total. For financing purposes - mind you I am looking 18 - 24 months out to start construction, so I...
I'm working on my first deal as a hard money lender. I already have an investor lines up and a house proposed. The terms are 2 pts. + 12%, and the loan will be for ~75% of the ARV.
I'm also in the process of findin...
Hi all,I live in Philadelphia and am planning on using the BRRRR method for my next purchase of a three-bedroom. When I run the numbers, it makes more sense financially for me to rent out the bedrooms individually ins...
Hi, i own several rental properties under my name (as a private individual). Frankly, this sword above my head is not a pleasant sight. I am looking to get out of this situation and was told by some people to:- Set-up...