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Hi all! I am close to purchasing a property in upstate New York with a friend. We are planning on employing the BRRRR strategy and want to outline what our plan is for generating capital for the down payment of our ne...
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Hello everyone, I'm looking into buying and holding real estate. I'm currently 19 years old, I am partnered up with someone and we are planning to buy and hold by either the end of this year or the beginning of next. ...
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The cash pile (well digital that is) is adding up. Who here knows whether Barclays or Ally bank are a better way to go for high yield online savings account?Barclays is 1.85% per year and Ally is 1.8% for Ally bank. T...
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Hey All,
I recently just finished reading an article in the Wall Street Journal about the continuing rise of renewable energy sources led by their increase in efficiency and drop in implementation cost. I live and do...
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I have a married couple applying, Wife is employed, husband is unemployed and receiving benefits. The wife almost meets the income requirements ($100 short).
Would you factor in the husbands unemployment benefits or n...
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I just bought my first multifamily property and I have been thinking about how to maximize my tax benefits on it. If i can write off property management fees as an expense, can I pay myself (either as a sole proprieto...
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Let’s look at the great tax advantages of investing in multifamily real estate. These benefits fall into five main categories – Depreciation, Cost-Segregation, Passive Income Tax Treatment, 1031 Like-Kind Exchanges, a...
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The employee retention credit is still available!
If you haven't claimed it, here's what you need to know:
The Employee Retention Credit (or "ERC") is a generous stimulus program designed to bolster businesses tha...
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As a landlord, I am committed to improving my rental property while also being environmentally conscious. Installing solar panels and a new roof seems like an attractive option to achieve both of these goals. Currentl...
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From the definitions of who/what qualifies a purchaser/purchase for the highly touted $8000 tax credit, it appears that a change in title (to the buyer's name) is what constitutes the "qualifying event". Of course th...