I'm looking to get my first STR. The goal starting off is a place that my family enjoys visiting and renting the rest of the time. I recognize that when my family visits I'm hurting my profitability, but that would ...
Hi all, I read an article awhile back, I can't find it anymore but the gist of it was that anyone living part time and working remotely in a second/vacation home in NY state would be liable to pay NY state income taxe...
Curious if I could purchase a real estate property with an LLC and use the revenue to fund a SEP IRA? Would it have to be the profit only or could I use all of the gross revenue? Any hurdles I should think of? TIA!
hey guys -- here's one: - I live in a multi unit property (4 units) and would love to make an offer to acquire it from my landlord / owner- I have a single owner S Corp that does well, I pay myself a reasonable W2 sal...
I'm looking into purchasing my first multi unit building. Ideally, I would like something near San Francisco. Currently learning how to evaluate a property properly. Looking in the 1M price point or under which can...
Hey All,Anyone know the breakdown of what AirDNA uses to calculate the expenses on their rentalizer tool? They give revenue, expenses, and profit. I'm just curious if those expenses include property management, prop...
So, I spent the morning with a genius, Investor/Hotelier. During this meeting discussed the use of Industrial Revenue Bonds.
I have placed Industrial Revenue Bonds for local Industrial clients, but never
he...
My wife and I are close to retirement. We have some money that we're looking to put into RE (about $450-500k) that we can use and rent out the rest of the time. One to be near one of our kids (in Acworth) in the Red T...
I am not sure what you all think about this but I think its very interesting. It seems that the property tax problem is about to change without the so-called "nuclear option" that Lt. Dan Patrick was floating. I am p...
Hi All,
I am a new real estate agent in Ventura, CA. I recently took the jump from being a CPA, which was boring and not fulfilling to becoming a real estate agent. I have other streams of income, but I wanted to rea...