New Investor here, in contract on my first rental property.
If I do not have any revenue related to the property in this fiscal year, can I still take all the legal deductions? Do I have to wait until I can show rev...
My wife and I have been talking about buying inexpensive land and building a unique vacation / getaway experience, e.g.: Treehouse, Tepee, Yurt, Firetower, Lighthouse, etc., and putting it up on Airbnb.We've looked at...
If a Cost Segregation Study had not been performed on this $3,000,000 RV & Boat Storage Building located in Fort Pierce, Florida that was purchased in 2020, it would have had first year depreciation of appro...
Do Loan Officers keep the full 2% of the mortgage loan or do they have to split it? In real estate I know the 6%-5% is split between both sides of sale (sellers/buyers) and then the remaining amount is split with the ...
Tax deferral help needed: I am a full-time W-2 employee and max out my pre-tax contributions to my 401(k). I have a side-hustle real estate LLC that includes passive income from fifteen rental units as well as activ...
Hi. I've got about $3,000 left to go on my student loan, with a payment of $156/month. I'm going to be applying for an FHA mortgage in July. Only other debt is a car loan of $200/month, credit over 750.Wondering if...
Good morning!Wanted to get your input on this.Been screening multi-family and commercial real estate opportunities. One thing I have noticed is the asking price with it's cap rate, is almost always priced out by the ...
For any of you medium to high volume flippers, I'm curious as to how you compensate your Project Managers. Our team is shooting for 24 Flips this year (and on-schedule so far) and we're struggling with our Project Man...
Hello all, looking for an FHA lender in MI on a four unit that can use rent from the property to help qualify. All reccomendations appreciated
I am looking to purchase my first property here soon and started underwriting deals a couple days ago and thought I was doing it correctly based on asking price and everything was coming back with big cash on cash ret...