I'm in a bit of a confusing spot. I want to help my son and his fiance get a mortgage but we would need to co-sign. They are young, still in college one more year with minimal income. They have been approved for a sin...
We just got a new property with tenants in it and found out the day after closing that the old owner signed a new year long lease after the property was under contract and did not let us know. Is that okay?
It's not...
Disclaimer: I am not a
tax professional, so it's always best to consult a tax advisor for your
specific situation.
Investing in real
estate can bring about a lot of financial benefits, but it can also have a
ma...
Right now I have 2 vacation rentals and one long term rental. Each has a separate bank account. After some research I've decided to consolidate. Should I put all 3 houses in one checking account (mortgages maintenance...
As a true beginner in real estate investing, is short term vacation rentals a good route to start?
I can't find much discussion of this, which makes me suspect I haven't actually stumbled onto some magical tax loophole. But what discussion I can find seems to indicate it applies to some real estate activities. Hopi...
So we all know what a hard money lender is. But the question I have is how do you become one? Does it require any sort of state or federal accreditation? Do you need to have a certain amount of start up working capita...
I'm putting together a simple LLC to bring a partner into two 4 plex's I'm buying. I typically pay a 40% tax rate so I always include the annual depreciation amount x 40% as part of my cash return. If I'm doing an LLC...
Hi all, my name is Nick and I'm an aspiring real estate investor from Houston, TX. I've been interested in real estate investing for most of my life as I watched my parents own and operate a duplex in my hometown that...