Derek Smith
Rent my primary residence to myself.
Hello everyone, Ever since the new tax laws went into place where you have to be uber rich in order to write off your mortgage interest. I've been trying to think of ways to move my mortgage to my investment propertie...
Lacey A.
How to request official military documentation from the tenant -Legally
How do we legally request official military documentation from the tenant, such as their orders or military ID card. This clause should specify the purpose of the request and how the documentation will be used. Do you...
Susan O.
2/5 year Cap gains exemption-Moving from one unit to next-Triplex
So for if i was doing a triplex living in 1 unit then another unit 2 years each could I take advantage of 4 yrs of 5 yrs moving from one unit to another with the sect 21 cap gains exemption? so 2/5 years in one unit a...
Raymond Cardenas
401k loan for down payment?
I have a question, thanks in advance for the help! I read from multiple sources that a general purpose 401k loan will not show up on a home loan application. It won’t affect your debt-to-income ratio and won’t affect ...
Shane C. Downs
Were are we all, as human being going?
I'm very new to real estate investing, however, not new to psychology. I grew up in a family that puts a lot of value in material possession. It does the good of giving a goal to aim at. when we have a goal we will do...
Joshua B.
STRs and LLCs and Insurance -- Asset Protection
Hi All --I read an earlier post on Biggerpockets about whether or not STRs should go into an LLC. My takeaway was that unless you have 10+ properties that it does not make a lot of sense. It sounded like it can be eas...
Will Wu
How to 1031 portfolio of several properties owned by multiples LLC?
If someone has 20 multi families buildings (around 100 apartments) that are currently held on several LLC's. How can he 1031 to other properties? Since those LLC's are all independent entities and each building has it...
Lawrence Monyei
Can I originate commercial mortgage without license?
Hello Mortgage Gurus,I opened up a book on amazon.com titled "The Art of Commercial Brokering" authored by E. F. Dupuy, and I read from it that someone can work as a Commercial Mortgage Broker or Commercial Mortgage O...
Steven J.
Community land trusts; good idea or bad idea?
I was doing some research on land trusts and came across the definition of a community land trust. From the Grand Forks Community Land Trust website we see that a CLT is defined as "community-based 501c3 nonprofits wh...
Rose Parc
How to file Sch E when moving rent to LLC mid year
Hello - My rental property has been rented for most of last year. In the middle of the year we moved it from our personal names to an LLC. The LLC was opened up in both my name and my husbands. Do we file one LLC and ...