I would like some advice on whether to hold, sell or cash-out refi my first STR. I purchased it in June 2020 for $599K. It is on track to produce $160K in 12 months (almost there!). While I love the cash flow and woul...
I'm considering starting an S-Corp so I can pay myself a salary and generate W-2 income so it's cleaner when I go to refinance property. Does anybody have any experience with this? I'd love to know your thoughts.
So I'm interested in getting started in purchasing and running self storage facilities and want to learn more. At the same time, I have decent money in my IRA invested in mutual funds. I'm thinking of converting so...
Hi everyone,I just finished up @Scott Trench book Set For Life. I was just curious if anyone has calculated there Real Net Worth as he describes it in the book. If so I was hoping to get some advice on a few questions...
I was looking over the schedule C form, and I dont quite see how one claims the 20% pass through, QBI. Any of you tax experts out there have guidance? @Brandon Hall @Natalie Kolodij
Hi All,
Newbie here. 55 yr old planning to retire in 2 years, learning about real estate investing in order to have a source of steady inflation-proof cashflow (in addition to stock dividends) prior to taking social ...
Hey guys! I'm sure this has been asked in the past and I have read a few threads that help but just thought it would be better to ask and get your opinion on my specific situation.
I am wanting to buy my firs...
A DSCR (Debt Service Coverage Ratio) loan is a type of loan that's given to real estate investors who want to buy an income-generating property, like an apartment complex or a Trap House. The lender calculates the DSC...
I have not used my self-directed IRA (SDIRA) to invest in a multifamily syndication yet and would love to understand from other investors what you loved/hated about your experience... Thanks!
Short term cap gains basically get counted as income...you have $100k income and $100k short term cap gain, you basically have the same as $200k income.I've been very careful over the years and have tremendous carryov...