Peter K.
Tax deductions for a investment property?
Anybody with knowledge with taxes: what specific items can you deduct for tax purposes? I know you can claim depreciation on your home and gas for going to and from your investment home? Anybody have a list? I know I ...
Eric S.
Property Holding Period?
My wife and I have just executed a 1031 exchange, however, all of the properties we purchased are currently listed in our own names. We'd like to get them in an LLC as soon as possible although the intermediary an...
Melanie Pendrey
Best way to use my HELOC when just getting started?
I’m interested in buying a 50k-100k property with my HELOC. But I’m not quite sure how things work best with taxes this way. I plan on buying the property(s) in an LLC. Then have that in a holding company. The idea is...
Nina W.
Using HELOC to buy real estate through corporation
I am getting HELOCs on my primary residence and a rental property, that my husband and I own under our names. I would like purchase a multifamily property using the HELOC funds as a down payment. I would like to purch...
Brandon Barkwell
Moving an AIRBNB Property into a LLC
Hello,Are you able to move your STR into a LLC if you qualified for it using a primary mortgage? Do you run the risk of the lender accelerating the loan?If anyone has as done this and could share their experience that...
Mary Morris
Nevada rental agreements and disclosures
Hi, can anyone tell me where I can get NV rental contracts and disclosures? I am under contract on my first investment duplex in NV but a resident and licensed agent in CA. I am hoping to do my own property manageme...
Geoff G.
Strategy
Can someone create a re investment LLC and use a converted 401K to SDIRA to invest in a rental property deeded to the spouse?
Dillon Loomis
Taking "Draws" From Business Accounts
Hey gang. I'm going to be a duplex/triplex, buy and hold investor. I'm not setting up an LLC right out of the gate, as I don't have any assets to protect just yet. I'm going to own the properties in my name, and estab...
Srini K.
Buying a car
Can I buy a new or old car that i would be using significantly for driving for dollars, or tenant related issues and claim depreciation.Is it required that the car needs to be on your LLC or can it be on your personal...
James Peever
Second home mortgage & Airbnb/VRBO
Hello BP.
We've closed on a property in NY state using a traditional mortgage second home. We plan on using the property quite a bit ourselves for vacation/getaway purposes, but we want to know if we can also do some...