Dillon Black
Tax Deductions, depreciation on House Hack?
Hello everybody, so I spent some time trying to figure this out, but I'm hopelessly lost. What are the tax benefits or disadvantages of house hacking and living in one unit of a duplex, as opposed to renting both unit...
Brandon Powell
Solo401k Prohibited Transaction Question
Anyone have an opinion on the following?I own a property held in a non retirement LLC of which I own 25% and my wife also owns 25% of the LLC. Can I sell this property (owned by the LLC) to a non related buyer and h...
Jerrell Slay
owner financing
i currently have interest in a package deal, the deal is 3 houses in the urban side of town the owner wants 33.5k for each or 75k for all 3 houses, 2 houses have tenants which pay roughly 900. The owner stated he wou...
Julian Inoue
15% down vs. 20% down on a conventional loan
Hi,I am struggling to understand / think through what are the benefits of purchasing a property with 15% down vs. 20% down. I understand that with 15% down I would get a worse rate and have to pay mortgage insurance, ...
Bryon Haacke
AXA Annuity IRA - Current Value higher than 'death benefit'
If this is in the wrong section, apologies.My mother passed in Septemeber. She had a trust, which this account was transferred to prior to her passing. This is an IRA that is part of an AXA Annuity. This was originall...
Attila M.
Should I create a property mngmnt company for my own properties?
I am curious: is anybody here who self manages their property but registered a property management company for it? I am considering creating one, not in order to get other clients, but for two reasons:1. easier to tel...
Beverly Buella
Question re: renting owner occupied
Hi there!I just wanted to get some thoughts on renting vs. buying. My husband and I currently rent the house that we live in. We really like the block, our neighbors, etc. and on top of that we're getting a really...
Lawrence Rutkowski
Can You Pay Your Own LLC Rent?
Hello,I currently own investment properties in Buffalo NY, which are each treated as an LLC, and a single family home in which I live in San Antonio TX. Is it possible/legal for me to transfer the ownership or sell ...
John Vietmeyer
Did your LLC work for you?
Does anyone have a first hand example of how a LLC worked, or did not work, for them?I currently have 3 properties with an umbrella policy and an could contemplatin setting up a LLC moving forward. I actively manage ...
Malik K.
Buying Multiplex while Renting?
Hello,I am a first time investor. I was originally considering house hacking with a multiplex (and I have over six figures I could put for a down payment) in Philadelphia but it seems that the only places where I coul...