Tax people:  Is this statement from a 2011 Kiplinger's article right or wrong?  Here it is:"But investing in real estate inside an IRA comes with strict rules. Complication number one: Owning property in an IRA negate...

Hi all,
I recently completed my first single family rehab project (!!!), which I turned into an unintentional brrrr and ended up renting and refinancing.
I have a private lender who will be receiving monthly payment...

Hello! I'm going nuts here trying to figure out how to properly set up a statement that shows my cash flow. In particular, we have a reserve (escrow) account that we put money into each month the year before to cover ...

I have never purchased a home before so I am wondering if the conventional mortgage preapproval process is similar to an IRS audit. For the preapproval, what if bank statements and tax returns don't match? Do they che...

Hello guys i need help with thisHow does the bank look at depreciation in your financial statement if your company makes good amount of profits but after depreciation and inventory adjustments kicks in your taxable ne...

I have a first deed mortgage of $600k with a private person in CA. Loan term is 6 months, interest only at 5%, maturity on 7/1/20. First payment is due on 2/1/2020. 
I've been DU approved for refinancing. Escrow and ...

Can someone share a HUD Closing(Of Course no personal info), I'm trying to compare my HUD statement. I used a Hard Money Lender with a Wholesaler. Issuing I'm having is the Assignment Fee and the money i need to bring...

Hi everyone, Last week I put an offer in on a condo that was accepted. I am supposed to sign the purchase and sales today. I reached out to the selling agent to request that recent financial statements and meeting min...

I am trying out some new strategies to find deals in my area.  One strategy is using my county assessor's website to find the current owner of properties, how much they paid for the property, size, number of units, et...