Mel K.
Land Trusts and Taxes
Hello BP!For those of you who hold property in a Land Trust, how exactly is income reported and subsequently taxed? If it is a rental property producing rental income, would the Trustee and Beneficiary receive K-1s? ...
Jonathan Girard
Help me analyze this deal. Thanks in advance.
View report
*This link comes directly from our calculators, based on information input by the member who posted.Good afternoon everyone... As always, your input would be much appreciated. As it is of...
Simandu Yakubov
Is there good project management software for Managing Multiple Property Renovations?
Hey everyone,
For those in the real estate game, how do you track your property expenses, labor, and other details during the renovation process, especially when managing multiple properties simultaneously (e.g., 3-5...
Zinna Eze
Advice for Searching for Leins
Hello all. I am new to the RE industry. I've decided I wanted to focus on Pre-Foreclosure, Subject-To deals.
My questions are:
1) Other than a Title Company/ RE attorney, what other websites/resources can be utili...
Daniel Mendez
Due-Dilligence Period: Inspections
Good afternoon investors,What type of inspections do you all do during your inspection period before purchasing a property? Plumbing? Roof? Electrical? Thanks in advance !
Bienes Raices
Discrimination and tenant credit report?
I'm getting ready to set up to start doing credit reports for the applicants.
I understand that you have to send the tenant a letter with the reason if you reject them due to negative information on their credit repo...
Martin Sterling
OPRA (No! not Winfrey) Reports, Inspections and do I need them?
Hey guys!I was with an investor of over 30 years this pass weekend and one of the things he mentioned was an Open Permits Reported Act (OPRA) report. For those not familiar with it, it gives you a report of any permit...
Qwee Parker
Student loans factored into DTI?
I’m looking to use my VA loan again for my 3rd home, after learning I still have some entitlement left. I recently went back to school and racked up student loans onto my already high balance. I plan to get on an inco...
Terence Purcell
Renting from yourself
With the recent increases to standard deductions - the taxation benefits of owning your own home have been reduced.Being a landlord continues to be tax effective.I have a family member who is looking to buy for themse...
Cosmo DePinto
Section 8 and DSSCR Loans
When applying for a DSCR loan, can you base the rent off a section 8 tenant? Or does it have to based off a straight paying tenant? Thanks in advance.