Hi Everyone,
I realize this is a pretty broad question but I have been debating the pros and cons on how much to put down initially on a single family home. My first real estate property I put down the minimum since ...
Hi,I was recently denied a HELOC because one half of my two-unit is rented (I was shocked). The title of the house isn’t under an LLC and my original loan is considered “owner-occupied”. Any suggestions? Also, I’m loo...
Greetings and Salutations everyone.....
My name is Mel Parekh, I currently live in suburban Philly, though most of my business life was in Northern Virginia, along with a few rental units I own. For 20_+ years I had...
Through my SDIRA I've invested with a company that now is asking me to fill out a W9 form and will presumably then send me a 1099 for the earnings last year. I'm not sure if I should fill it out with my name and soci...
Hello,I had some renovation expenses in 2020, for which I was not able to issue 1099 forms on time and to send out to the subcontractors. Does IRS accept carrying those expenses over to 2021 if I issue and send out th...
Have a great idea, that I will be using myself, to get into a house hack for very little out of pocket. Hopefully this can help someone else get their investing career started too!
Florida has an amazing First-Time ...
Hi All,
My partner and I are in the process of placing a tenant and have had a very large number of people interested in the available unit. My question is, from a fair housing act standpoint, are we obligated to ...
Hi everyone. Just wanted to introduce myself and says thanks for all the sharing of great information. I am venturing into REI as I think it is a good time to "buy low" and hopefully someday "sell high". I have a full...
I need to borrow $50,000 from my brother for about 2 weeks. Do I need to report it ? Or can he give me 3 deposits
My main strategy is to focus on fix-n-flips but I found a great deal on a property that would not be a good flip for a newbie like myself (over $70,000 of renovation cost and some foundation issues). I found the prope...