Tim Simpson
Multi-Housing depreciation questions for a multiple person LLC
The following scenario is a hypothetical but fairly close to the real life situation I’m in. I’ve simplified things in the scenario for clarity.Five years ago, two others and I formed an LLC to purchase a multi-housin...
Chris C.
anyone try buying a house with a personal loan?
I know someone that is looking at a house tomorrow and if they like it plan on getting a personal loan to pay for the balance probably 10-15k so I was just curious if anyone did this before? I thought about trying it ...
Michael Higdon
House hacking - tenant leaves personal things in common area
Hi BP,I am house hacking and have a tenant that just moved in and he is leaving his personal items in the common areas (clothes, golf equipment, etc). I have asked him to move it into his room but not sure it can all ...
JD Barrera
Taxes from personal residence to house hacking to rental
Hi everyone, I have a question about taxes. I know I need to talk to a CPA about this really, and I will, just wanted to hear form the community also.. so here is the deal: I am under contract right now on a 3/2 town...
Adam Wayne
What Size Water Heater For 4-Person House Hack
Howdy everyone,
I'm looking at a SFH right now that I would be house hacking. The house has 2.5 bathrooms, and after adding a bedroom, it will be 4 bedrooms. I'm planning to rent out 3 rooms and live there myself, so...
Greg Boone
Personal property left in shed after I purchased house
Hello, I've tried searching this topic, but could only find an article about a car left in a garage a house was bought. Short story, I recently purchase an investment property. I looked at the property (which was va...
Dan M.
House Flipping + § 121 Exclusion of Gain on Personal Residence
Hello all!I'm a (somewhat) recent college graduate with a degree in management accounting. Contrary to my degree, I've started a professional career in tax accounting. My fiance and I are both sick of flushing ~$1,0...
Logan Turner
Can I personally purchase a house from my LLC
Ok weird question everyone, but I made the mistake of purchasing the last house into my LLC. So now I'm only qualifying for commercial type lending when I still can get more Fannie Mae loans (lesson learned)
Transfer...
Maya Grevatt
Real Estate Investing for Personal Wealth AND Housing Equity
I am interested in thinking about how people seeking financial freedom through real estate investment might be able to align their efforts and decisions with their values. Is anyone thinking or talking about strategie...
Matt Wells
Open house with or without personal furniture and belongings?
Should I have an open house with my personal belongings and furniture in it? I feel like most homes I see for sale online are vacant or seem staged. I don't like the idea of having an open house with strangers casing ...