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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...
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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...
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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...
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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...
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As a true beginner in real estate investing, is short term vacation rentals a good route to start?
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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...
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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...
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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...
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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...