I am going to close my first ever purchase (105k with 20% down payment). Just got a loan estimate from my lender. I have to accept it is more than what I estimated.I actually estimated at 4-5%.I would like to understa...

I know this may be a simple question but I am having trouble finding the answer.  1st, In regards to a single member LLC taxed as a pass through, which state do you pay taxes?  I live in Illinois but the property that...

I think I have a simple enough situation that I won't require advice from a asset protection lawyer, I'm hoping some of you are in a similar situation and can pass on what you have done.My wife and I live in Californi...

I'm buying two properties in Jacksonville and Wells Fargo is charging $5000 for each loan.Does that sound right? 

Let's say I purchase.  house hack with an FHA loan, would the closing cost still be roughly 4% of the whole property? Would I be responsible for covering the whole closing cost? How do closing costs work? Any advice w...

Hi All,I'm under contract for a 3-family in Irvington, NJ. Went under contract in April 2018. Finished attorney review. Finished Inspection. Finished negotiations. Currently obtaining investment mortgage as pro...

Hi All, I am new to multi-family investing, is it advisable to do the first deal on a LIHTC (Low Income Housing Tax Credits) apartment complex?  What are the pros and cons? Do we need to pay fewer property taxes if we...

I am considering buying a unit to rent out in the Fort Lee, NJ area to own for 30 years and then sell.  I am looking for advice on my ROI calculations and if this is overall a good investment.  There are approximately...

Never complete a 1031 exchange, looking for help near by. (Amesbury MA)SituationMy 3 family has an accepted offer of $660,000 (pending bank approval)I paid $380,00 and owe $336,000.I have 56,000 in depreciation that ...

Hello All,This is my first year owning rental properties and was fortunate to buy 2 small properties. What should I be doing throughout the year to best maximize my tax returns each year? Any tips, advice, things to k...