Aaron Pike
Classical Musician turned Real Estate Investor
I am located in the Bay Area and currently a classical musician. I have always been interested in real estate and looking for a change. Wanting to buy my first rental property in the next 4-6 months and flip my first ...
Manav Wadhwa
Mortgage for second home and any tax implications
Hello,I currently own a home that I live in and is my primary residence. I have found a (rental) property that I plan to buy in another city.My question is can I get mortgage on that property as my primary residence (...
Ashley Rothacker
Airbnb Reported Earnings vs Tax Reportings
This may be a silly question but for tax reporting purposes does your earnings need to match exactly to what Airbnb is reporting? Reason I ask is that I've been tracking earnings based on when they are earned whereas...
Kris Haskins
Tenant tried an old trick on me today. Watch out!
so I took an application from a prospective tenant yesterday. She put down her current address and landlord along with the landlord's phone number. When I called the landlord to ask some questions she was extremely p...
Thomas K
IS SIMULTANEOUS CLOSINGS STILL LEGAL?? especially in NJ??
Hi,
I've heard a lot about simultaneous closings to be illegal nowadays, is it true?? How about in NJ? Simultaneous closing, I mean, using C's money to fund AB transactions. Transactions are done ALL CASH. Would th...
Saravanan Varadan
2021 Best place to invest in STR
Is it still possible to get 10% CAP rate for managed STR?
Ryan Haase
LLC Rent House To Self
If you are investing in buy/hold/rent SFHs, could you rent a house to yourself that is held in the name of your llc? That way, repairs could be written off. Seems shady and unlikely, but I was just wondering how the l...
Brett Woodall
Presidential Election Considerations?
Dear Smart People,As I embark upon my REI journey, it occurs to me that there is an impending presidential election this year that may or may not effect the outlook on the real estate market. I'm just starting out, s...
Bryan Jeffries
72T provision for Real Estate Self Directed IRA
Hi everyone, my wife recently reached the dream of being able to retire at 49 thanks to rental properties. Some of her properties are in her self directed IRA. A provision in the IRS code known as 72T allows one to ...
Steve Norton
Good reason to do a short sale after filing Bankruptcy.. anyone?
Hey folks here is a question for you!
Can you think of one REALLY GOOD reason why the home owner would want to sell the property via short sale after filing BK? I will have to convince the home owner's bk attorney t...