Adrian Me
Young couple buying first home
I am looking to buy my first home, to live in it, not for investment. Has anyone a checklist of things I should consider while looking for the house and before buying? Any books recommendations?
Kevin Kittilsen
Capital gain Ordinary Income Tax on rental to be demolished
I run a family owned general contractor business (custom homes). However, I am not a registered principal of the company (s-Corp). My mom and dad are the two registered principals as they started the company 30+ years...
Daniel Stone
Dealing with Stray/Feral Cats
Looking at purchasing rental property(s) in a Phoenix neighborhood. Everything about the neighborhood is great, except the stray cat problem. There is a cat colony there, not just one house, throughout the small nei...
Jaime Navarro
Taxes implications for buyers and seller on finance deals!?
Taxes implications for buyers and seller on Seller finance deals!?I’m working on a seller finance deal and have some questions on Taxes.Seller: Family member Seller’s Purchase price in 2009: $180,000Property owned fre...
Malik Ali
Building Business Credit
Is it best to build business credit to use business cards as a form a of a down payment on closing costs in escrow? Can you not use personal credit as form of down payment? I know there are multiple ways but with grea...
Chris John
Help understanding the 1031 process
Hello allMy brother and I have created a complicated mess with our real estate transactions over the past decade. We're now trying to clean things up via an LLC. Currently, we have some houses in California that we'...
Kevin Wang
How to verify income for self-employed? First time landlord needs help!
Hello, I am a newbie landlord and is wondering how to verify income for self-employed people? Tax return? Please advise!
Account Closed
How do my husband and I pay ourselves in an LLC
Complete newbie here! My husband and I just started an LLC. We are each depositing the same amount as capital contribution so that our ownership is each 50%. My questions are: 1) How do we pay ourselves once we have m...
Chris K.
Tax free income off STR?
If I live in my second home for more than 14 days out of the year (second home), what does this mean for all other income I received for STR for the year? How is this income taxed? Thank you
Roseann Koefoed
Solo 401k for RE Investing
I have a cash flowing MF portfolio (about 80 units) and I will be leaving my corporate job soon to 1) be a better Mom to my kids and 2) focus on growing my RE portfolio. My husband and I each have about $500k in reti...