Guy Yoes
Can I claim a home office?
We have 3 properties in an LLC and use a room in our house for all our REI issues. We use our computer to list, advertise and contact our renters. We use a file cabinet for hard copies and have a dedicated phone line ...
Olivia Lovely
Interest on loan for HELOC
I am curious if this community knows if the interest on a HELOC loan can be deducted on my tax filings if I use it to purchase property m- or is it only tax deductible if I use the money for my primary residence?
Eric Gamble
Establishing A Business Line Of Credit (LOC)
I am currently in an underwriting process for a business line of credit. The business development manager (BDM) I am working with is the intermediary between me (the business I am a member and manager of) and the und...
John Shoup
Portfolio loan preventing Fannie Mae loan
Do we have any underwriters that can help? I have zero mortgages in my personal name, but I have a portfolio loan under my sole owned LLC, in which I'm NOT a personal guarantor. Because I have "ownership interest" ...
Charlie MacPherson
Agents - Ever sued a client for failure to pay renatal commission
Quick overview:I'm a licensed real estate agent in MA. Recently, I got a call from a desperate client. The home he and his wife have lived in with his Mom for many years was about to be sold following her passing, a...
Amanda Cadena
Real Estate Investing legalities
Me and my partners have started our "non-traditional" real estate investing LLC and we are looking to generate a contract for all of the deals we will make in the future. However, I am curious is it mandatory that we ...
Jameson Hedin
Can I qualify for tax exemption if I lived in home 23 months in the last 5 years
I have 2 questions that I would love if someone had insight into. 1) as the title says, we don't quite reach 2 years for the tax exemption. We were one month short before renting it out. We closed in May 2018 and th...
Kelly Wiggs
Evansville, IN Acountant Recommendation
I’ve done my own taxes in the past, but due to the increased complexity and scale with a few BRRRRs this year and selling another investment property in the near future I’ve decided to start utilizing an accountant. D...
Roan LaPlante
What address to use to establish out of state LLC
HelloI live in Ohio, but I am right next to West Virginia, and the bulk of my investing will probably be in West Virginia. I purchased one rental property in West Virginia last month and am under agreement to purchase...
Andy Bankston
New Company Logo!
I formed an LLC last month and had a logo made. Here it is, let me know what you think.
Also, I'm the only member of the LLC. What title do you think works best on a business card? Owner? Manager? Grand Master? ...