Josh Belgard
HELOC AIO All In One
Seeking a bank that offers a prImary resIdence HELOC (All In One). We use PLOCs for our rentals and they work very well. We don’t want a fully amortized loan but a simple interest HELOC. Any bank leads are welcome. W...
Karen Lee
HELOC interest expense deduction
Hi - From what I've been reading there are restrictions on HELOC interest expense deductions. Does anyone know if I take out a HELOC on my primary residence and draw funds to purchase/improve rental property (1) will...
Craig Bellon
Trying to purchase 3rd home and Schedule E question
I'd like to purchase a third home as my primary residence. I have two other properties, (A) and (B), already rented out. Property (A) rented out in 2014 and property (B) was rented out in August of 2016. On my 2014...
Michael Westerman
Actively Manage a LLC to Buy Various Passive Income Streams
Hello, first post from a new member! I recently formed a single member LLC through the state of Texas to use as a vehicle to buy and hold passive income streams. I have a few existing interests in multifamily and comm...
Billy Cha
Portland Schedule R? Registering rental property
My wife and I acquired our first rental property this past August 2020. The property is a multiplex and we are currently house hacking. It was tough to take the leap but we have talked about investing for so long we f...
Logan Turner
Who provides receipts or current balance on seller finance deals?
Ok so I bought a house cash, fixed it up and sold it with owner finance. Now the new owner is asking for monthly receipts of mortgage payment.
Is there an obligation for providing this? Should I be sending quarterly...
P Joshi
Can you make deductible IRA contributions if you have solo 401k
This IRS page mentions that limits are subject to coverage under employer plan.
[url]http://www.irs.gov/Retirement-Plans/Are-You-Covered-by-an-Employer%27s-Retirement-Plan%3F[/url]
What if you are not...
Andy J.
Tax Structure for Multi-Member LLC investing through syndication
HiMe & my partners created a multi-member LLC (lets called it LLC-X) taxed as partnership to invest in a multi family commercial prop via a syndication. We all have equal shares. The multi family unit itself is he...
Mary K.
Mortgage Payment Advice
Hello,First time posting here. I have enough money to prepay my mortgage payment for the next 6-12 months and am wondering if it would cut any time off my 30 year mortgage. To be clear, I don't mean throwing a large s...
Mackaylee Beach
How's your leasing process going?
With the cold weather slowly approaching, what are some ways you are working to expedite your leasing process? Any specific websites or other methods besides open houses?