I have 4 SFH's that are currently rented. my question is should I put my personal home under my business LLC and pay my loan thur that
so I could get the tax benefits and write off for any repairs.
or would that be...
Hey all, I've been doing some market research lately and was struck by how few STR hosts with fewer than 20 or so listings take it seriously as a business. Do most of the smaller hosts/investors you know still just ...
I have entered into financing with a bank on an 11 unit property (plus they hold the mortgage to my other 6 units) and they have order the appraisal, however I found another bank that will do a 20 year verses a 15 yea...
I know that each person has their own opinions about their money but how much do you allocate when reinvesting? Also, what do you pay yourself out of profits? I would like to know what others are doing and trend from ...
I bought my first rental property along with my partner. Currently, the deal is 50-50. My partner is doing the loan and i will pay him 50% on all the expenses. Once we rent that, Its going to be 50-50 on the profit or...
If someone could simplify the steps to opening an LLC for a full-time house flipper that plans to also get a general contractors license in the near future. Thanks in advance!
Good evening to everyone, I am a beginner investor and would like to know if anyone has any suggestions on what to actually categorize your LLC as when you are trying to fix and flip and/or buy and hold property? I h...
Which deduction do most rehabbers use when providing water, snacks, pizza, beer, etc for their work crews (family, friends, etc) on the jobsite?
I had always used the 50% deduction in other businesses, but ac...
What kind of volume can I honestly expect to do over a one year period? I have been looking at areas in or near Albany NY and at properties that cost $35,000-40,000 but have arv of about $95000-110000 .Based on your ...
Quick question for you folks. Say a property was purchased in 2011 as a primary residence, was placed in service as a rental in 2016, but was also refinanced in early 2016. How would you go about calculating your cost...