Mike S.
Use a home mortage to finance an LLC
I am looking to inject (contribute) some money into one of my LLC to finance some new acquisition this year.I am refinancing my home (that is under my own name) and will use the cash out as contribution into the LLC.I...
Joe T.
Double taxed by paying yourself through LLC?
When you pay yourself through your LLC do you end up getting taxed twice?(first time for LLC earning the money, through rent for example, then the second time when you pay yourself a salary)I feel like there should be...
Abimael Ochoa
Dallas Ga 5 unit commercial unit
Investment Info:
Office Space commercial investment investment.
Purchase price: $165,000
Cash invested: $80,000
5 unit commercial mixed used building
What made you interested in investing in...
Mitchell Klein
Nashville Contractor Nightmare
Hi All,A couple of friends and myself are just getting started in the Nashville REI community and are in the process of building a network of reliable contractors. Any recommendations are greatly appreciated! While as...
John Wright
High Water/Sewer Bill Parma Ohio
I'm having abnormally high water/sewer bills for my duplex in Parma, Ohio. Here are the stats from Cleveland Water and NEORSD (sewer):~$100 avg for 1.9-2.1 MCF water usage per month~$200 avg sewer costThe total of $30...
Ashish Acharya
2020 Tax Saving Strategies for Individuals
@Abhishesh Acharya and I have presented some, mostly non-googleable, high-level overview of some tax strategies. I understand this might be very technical for some of us. If these apply to you, please research more, ...
Mila F.
Can I deduct for this from the Security Deposit? (photos)
I have tenants moving out in a week, and they asked for pre-inspection. It's just a couple with a dog and a cat. They stayed a little short of two years, always paid on time, but left more wear/tear and damage than I'...
Stuart Udis
What language was added to your lease in 2024?
As I am sure is the case with many investors, my residential and commercial leases continue to evolve. Changes to local landlord/tenant laws and new situations involving tenants lead to these annual updates. What chan...
Joey English
Lonnie Deals are financial boomerangs
Lonnie Deals are financial boomerangs:I want to tell you about one of my favorite deal structures: the Lonnie Deal. That’s when an investor buys a mobile home on a rented lot for cash and resells it, offering owner fi...
John Humphries
Washing machine repair or replace?
We have a stacking, front-loading washing machine in our rental and the barrel has either detached somewhere or seized up. Anyone had any luck fixing this type of thing or is it best to just bite the bullet and get a...