Michael Mutebi
Use S-CORP Or Company Taxes To Cover 5 Month Job Gap on Conventional Mortgage App
I have a conventional mortgage application currently in progress. I submitted my W2s from multiple jobs for the last 24 months to be used for the application. Upon review of the W2s, UnderWriting is saying I can't use...
Christopher Aranguren
Is It Problematic to Build Units that Have a Different Look than an Existing Home?
Hey yall--Due to some zoning changes in my area, I have the opportunity to build one (or even more) new units on certain property that seems perfect for this sort of thing. That said, there's an existing house that is...
Stephen Macenas
Advice on Short Term Rentals in Chicago
I work as a Travel Medicine provider but Chicago is my home. I would love to purchase a property and operate it as a short term rental while I'm gone but use it as a crash-pad every so often when I need to return to I...
Hector Lewis
Refiancing Home Loan or Home Equity Loan
Hello,I currently have a mortgage loan on my home. I have approximately 40k in equity. I am thinking about taking out this money so I can invest in a rental property. I am new to this whole real estate game. My qu...
Michael Hamby
Refinance Assisted living facility - Pensacola Florida
I have rehabbed and leased out a residential assisted living facility and need to pay back my private money lender. My DSCR lender just denied the refinance since the house is being used as a business. How do y'all...
Mark Langdon
Vacation 1week Rental: Short form Lease or Long Form
I have a vacation rental that I usually rent out in the summer for $ 3000/week. I used to use a Realtor but now just starting out using VRBR; HomeAway and other Internet sites to rent it as my Realtor didn't do the...
Scott Dearmore
private/interest only loan vs bank loan
New guy here! What is the advantage of beginning with a private loan or interest only loan, then going to a bank loan 12 months later when getting an investment property to hold on to? Why not start it off with a down...
Karl McGarvey
LLC Financing Options
Would love to get some input on great financing options that you all have used when buying a property with an LLC. Working on building our team for our first out of state properties and want to see what recommendation...
Account Closed
Understanding technicalities and practicalities of Cost Segregation
Cost Segregation in Real Estate:
Real estate investments offer a path to long-term wealth accumulation, but the tax implications can be complex. Fortunately, cost segregation is a valuable strategy that real estate ...
Kyle Porter
For property owners - Cost Segregation Studies get you money back.
Hey y'all! I've been diving into the world of cost segregation studies and its pretty neat. TLDR - it accelerates depreciation and you greatly reduce the amount of taxes you owe. Let me know if you have experience wit...