Just wanted to see if anyone has had any success with off shore banking. I've heard some nightmare stories about money being there one day and not the next day. Is they money truly safe??? Are there safegaurds and reg...
I have two single family homes a recently purchased. Both are cash flowing nicely and I am wanting to go forward with a third. Problem is I am running out of funds. The way I see it, I have four choices. 1) Tap i...
Hello everyone, I hope y’all are doing well. So since rental cash flow/income is taxed by the IRS, would I be able to use my renovations cost as a tax deduction? Therefore it’s seen as a loss similar to if a property ...
I have close to 95% of the income that i have saved over the years from working my W2 job tied up in my investment accounts. ROTH IRA, Simple IRA (thru employer), and in my personal brokerage account.Obviously since t...
We are just starting out with real estate investing. Here's our potential first deal we would Love to hear feedback:Property Appraised 190kAsking price 130kTriplex with combined rent of $1450/month (currently rented, ...
I'm a beginner investor and a topic I don't see talked about enough is what income (approx) should you be earning before you can safely invest into a small flip? Given all the different variables that can arise, and u...
I am looking for an online-only business banking solution that offers:
1. High Transaction Limits: Real estate transactions often involve large sums of money. Investors might require a business banking account with h...
I'll lay this out as briefly as possible. I would like any advice/opinions on how we're going to proceed. If anyone has a better idea on how I should proceed with investing in rental properties, please share your ide...
Invest in multifamily housing and you’re likely to see a higher rate of return than stock investing with much less volatility and with greater tax benefits.
While the history of stock market returns shows us that t...
Can anyone explain why I would hold a rental in Baltimore City in a LLC as opposed to an S-corp? I was told at the local REIA not to use a S-corp. I'm paying cash for the property but may do cash out refi next year to...