Nicole A.
Renting your home office to your LLC/entity
Hello BP!I'm a little behind the curve on this, but my Enrolled Agent suggested that I rent my personal home office to my LLC. This way, similar to when I used to rent out extra bedrooms, I can write off a portion of ...
Bryce H. Chapman
Property near SMU
I’m looking to purchase a multifamily property, single-family home, or condo/townhouse near SMU, where my daughter attends school. My goal is to find a property that suits her needs while also serving as a strong long...
Joseph Gisler
Depreciation and rental income, how does one effect the other?
I am preparing to buy a single family home to live in one room and rent out the other bedrooms. A question my father brought up to me pertains to depreciation and how recognizing rental income of a primary residency e...
Kadia Lawrence
For section 8, how to structure lease payment/ terms?
Hi all - for those renting to section 8, where the term of the lease could start on a random date when you pass their inspection (say April 9), how do you set up terms of payment with the tenant once their portion is ...
Taryn Hansen
Sell Inherited Home or Rent Out?
Hey guys, new here. I'm questioning whether to sell inherited home that is appraised at 465k, with 125k left on mortgage. Should I sell that house, with 320k net gain, then invest in maybe stocks, or should I rent the...
Christopher Morales
Hard Money Lenders and Banks
Hello,I am currently looking for a new multifamily investment and was wondering if banks know about the money hard money lenders lend to you? In other words, if a hard money lender gives me 25k to finance portion of t...
Eric Sato
How to structure a deal - money for start up costs on STR
So I am very new to financing. Let's say I am going to buy a SFH for a STR.- I plan to do all the work for the STR etc... - But I have a family member (Brother or Parent etc...) who is interested in putting some money...
Alyscha Johnson
Presentation to Hard Money Lenders
What should be included in a presentation to a hard money lender? Should the presentation be over the phone or in person. Finally, do HMLs require a down payment on the loan? If so, what percentage of what?
Michael Hellman
Cost Basis after subdividing a property
Hello. I purchased a home in late 2007. I live in a small garage apartment for 4 years while renting out the main house. The property had a large double lot in a nice neighborhood, so in 2014 I subdivided the lot a...
Craig Garrow
Refinancing a Master Lease Agreement
Quick question! I've got an opportunity to pick up a triplex, and thought of using a master lease agreement so I could get in with a small down payment. Let's say it ends up being a three year option, will a bank se...