Tal Perry
BRRRR and college funds, negative tax impact
I have a buyer trying to purchase one of my flipsThe BRRRR is freaking him out the most because of having to claim the income costs as his kids head into college. For their expected family contributions for college co...
Alik Levin
Real Estate agent licensed in WA, LLC licensed in another state
Dear all!Looking for clarity on the situation where a Real Estate Agent licensed in one state but reports income as LLC in another state. Key question, does the LLC need to register as a business in the state where Re...
Matt Wells
Will a commercial loan affect my abilty to get a Fannie Mae loan?
If I purchase a rental with a commercial loan from a bank in an LLC, will that loan affect my debt/income ratio and my ability to get a Fannie Mae personal loan in my own name? I'm trying to maximize my borrowing abil...
Robert Withers
Private money lender needed
Hi I’ve got a 5 unit building in the works. The monthly income is $7,782 and it should be at least $15,300 (Not including the garages and parking spaces which she could easily get another $200-300 per parking spot) so...
Raj Ahluwalia
Canadians Investing in the US Corporate legal structure
Hi All!I'm looking for some clarity on cross-border legal structures for both liability purposes and taxation purposes for Canadians investing in the US.I'm reading that having an LP / LLC structure is the most effici...
John Newsom
Joint venture question
Is there a tax return generated for/by a joint venture?
Dan Mackin
DTI Monitoring and Manipulation
I am officially looking at my first property now. Working with my mortgage broker we have figured out what my max payment is for the initial rental to keep the DTI under 40% to stay conservative. I'm looking for som...
Leonardo Trought
Wholesale agents' representation.
I recently came across a listing of a distressed property and decided to call the agent for that listing. After getting in contact with the agent, I asked her if she would be interested in representing or writing up t...
Grace Kelly
Newbie Auction Question
I have a question regarding tax lien auctions: If one wins an auction for a property but the owner files a redemption and clears the debt; what happens to the money paid by the winning bidder? Is it lost or refunded...
Rami Aweti
Vallejo or Sacramento?
Hello Everyone,I've been looking at rental properties in Vallejo and Sacramento for over 6 months now and can't make a decision. Where do you think makes the most sense for the long-term?In Vallejo, I can get a small ...