Kyle McCorkel
How can I have my cake and eat it too with a Solo 401k?
So I got my solo 401k all set up, but haven't had a need to use it yet. I've considered taking a loan out of it to do BRRRR's and flips, but I'm really not crazy about the mandatory 5 year payback schedule. It will ...
Will Ellis
Do all fees need to be assigned to a single property on sched E?
I am a new real estate investor. I am starting to look at taxes and have a question about Schedule E. I have some expenses that I have incurred this year that do not coincide with a single house that I am still hopi...
Chase Jones
Inquiry for tips and tricks to teach young military members.
"Military Money"--A personal finance workshop for young service membersMy name is Chase. I am a Non-Commissioned Officer in the United States Air Force. I've been enamored with the idea of wealth management since I pu...
Kerns Churchill
Travel Expenses and Tax Deductions
Hi Everyone,New investor here. Just bought a SFR rental in Mesa, AZ and I am already doing some tax planning. I live in California, so I plan to drive to my rental property and I had a question regarding travel expens...
Sean Rosenbaum
Early Termination Requirements in Lease Agreements in Georgia
I'm looking for some experienced or knowledgeable landlords / property managers to lend some insight here. In nearly all of the lease agreements I've seen from friends, family, and other landlords, I've always seen s...
Account Closed
$2,500 De Minimis Safe Harbor Election - per project or total?
Hi everyone, I closed on a property last week, listed it for rent the day of closing, and am performing some minor changes before it is rented. Based on my understanding of @Brandon Hall BARRRR stategy, since the pro...
Ahmad Mian
Rental Properties in Philadelphia PA
Hi guys!Looking to learn more about the Philadelphia market. Looking to find neighborhoods that are safe and provide positive cash flow for rentals. Can someone point me in the right direction?
Amanda Copeland
1st Time Homeowner in MA - 01606
I purchased my house utilizing an FHA loan, making a down payment of 3.5% and covering closing costs. I am approaching the one-year mark with my mortgage and have undertaken substantial renovations on the second-floor...
Candy Elk
Charge interest or fees when initial closing significantly delayed
As a private lender I’m Looking for advice for when an initial loan closing is delayed either a week or so or even prolonged. In one instance (happens to be our most regular borrower) the loan was delayed about 2 mont...
Alex Blue
New wholesaler with limited funds trying to understand closing fees
Hello, I’m just starting to pursue wholesaling this month and I was wondering if anybody could clarify what fees I have to pay during the closing process between me and the seller. Can I transfer those costs to an end...