Christopher Williams
Tax classification
Hi all. I'm new to real estate investing and from the Philadelphia area. I recently set up my business using legalzoom. The main function of the LLC will be to flip properties. While I do have a minority partner, I wa...
Sean Gallagher
Cost seg / accelerated depreciation to offset W2 - thoughts
Please chime in if you have done this.. Short term rental with cost seg study/ accelerated depreciation to offset W2 income. Say you're doing this on a 4 unit that appraised for about a million. And you do a cost s...
Jim Lou
FHA loan qualifications and income sources
So I'm really confused about how to qualify for FHA financing. Everything is so vague and obscure when it comes to mortgages. Here's my question:It's my understanding the debt limit is 46.5% on the front end and 55% o...
Brittany Keyes
I'm new here, Any hope for two low-wage earners to invest in SAC?
Hello there, I'm looking to get my sister and I into real Estate. Due to family obligations my sister does not wish to re-locate outside of CA and I need a more urban area to find work so we are looking at SAC. WE hav...
Jonathan Newsome
2019-2020 Taxes on Wholesaling
I started wholesaling this year under an LLC. I've been setting aside a percentage of my wholesale checks specifically for tax purposes. I'm also a w-2 earner, being employed by the US Military, which makes me a part-...
Engelo Rumora
Here Are The Most Overvalued And Undervalued Housing Markets
Hi everyone,I haven't started a topic in too long so I hope no one beat me to this article lolI'm pretty sure my fellow investors from Ohio will appreciate this one :)http://www.businessinsider.com/over-and-undervalue...
Nina B.
Legally obligated to rent to roommates?
Greetings!I'm a landlord in the State of Washington, 8 years. Up until now I've gotten very lucky and all of my tenants have been highly qualified long term renters, married or single professional. Here's my questio...
Tracey Hamilton
questions on conventional financing qualification
I have a few questions about qualifying as an individual for an owner occupied sfh with conventional financing. these will be specific to a newly divorced woman applying for the first time on her own.
1) is w2 inco...
Gabriel Jeroh
How to buy a home while in CH13
What are the buying options for someone in CH13 BK filing? He has very good financial standing, income, credit score is above 650 and has a good rental history. Can lease option to buy be considered? Yes I know you ar...
Gary F.
San Jose: Steady, Increase, or Pending Drop?
San Jose Investors. What do you folks think? I hear some say SJ is still growing with potential new IT space attractive to some companies. Like the new Google facility at Diridon. I see others say SJ may be headed ...