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I went down a rabbit hole after putting up a post about tax deductions for a SFH, and I realized that many of us have the wrong idea about house hacking and allowable deductions. This is simply a PSA on the misinforma...
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Hello - I'm having trouble understanding why we don't include the mortgage payment in the monthly expenses when we calculate the NOI. This is the formula as I understand it. NOI = annual rental income - annual expens...
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I have an LLC under my SDIRA. Can the LLC finance an ADU on my property with rents paid to the LLC? Then could those rents fund disbursements to me from my SDIRA? In other words, I want to invest SDORA funds to pay ...
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I am in contract on two older MFHs totaling 14 units. It's a mix and match in terms of what utilities tenants pay for between the two properties. Both have submetered electric and one has individual thermostat control...
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Is it better to have many low cost single family home rentals or fewer high cost single family home rentals (assuming you invest the same amount) and why?
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I've got a international investor (Romanian) who is interested in becoming an equity partner in a few of my upcoming projects. Can they set up a SD IRA through Trust ETC for example or is that restricted to U.S Citize...
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Hi Biggerpocketers! So i have a personal house that i live in and im in the process of my first buy and hold property. My lender said that I'm literally max out on Debt Income Ratio to borrow after this dea...
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I'm looking at multi family in NY state. Price per unit and cap rates look attractive. I like Albany/Troy, but don't know much about Binghamton/Rochester. Thoughts?
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I have a question about proportional ownership, equity, appreciation and how to split the cash flow. My business partner and I own a property together with good cash flow. For simplicity, let's say owner A owns a pr...
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I have been in this business almost 3 months now,and I think this is deal I've been working has a lot of potential, The owner does not need to sell but he decided he wants to partner up to rehab the house, and I was g...