Question! If you use a Business CC to by a property and the Credit Card earns Cash back or travel points do you have to pay personal taxes or taxes though your LLC? It is free money and a form of income but not sure i...
I'm considering eventually setting up a REIT structure. If you have personal experience setting up a REIT, please provide some details on your experience (good, bad, and ugly) to different aspects of setting up a REI...
Tax Deduction Question:Taking a long road trip to Iowa to look at properties to purchase for rental this weekend. Wife and kid in tow, we have some family to see there, but most of time will be for looking at property...
I have my first property under contract, it is a duplex. I just received the leases, if you could call them that. They are not signed. When inquiring about credit checks and background checks, I was told none were don...
Has anyone got experience in using the cash advance as a downpayment, and repaying the loan from the cash flow? Has this been effective? What are some risks (aside from the high interest rate on repayment)?thanks !
I'm a data guy (nerd), and I like and I track anything that might help drive my STR business. One data point that helps me "Stay Calm and hold that rate" is tracking how far in advance my guests book and I thought I ...
I am targeting homeowners with dilapidated homes that need repair and offering to pay for the rehab and split the profits with them at the end of the project after the sale of the home.
Any idea what this would be c...
Hey all,My husband and I started investing in Sept 2018, I manage 2 single family rentals and we just started AirBnBing our spare guest suite in our personal home. We have an opportunity for a $250k HELOC due to the e...
I'm looking into buying a rental with Hard Money or on a credit card using business credit, than using BRRR to pay off debt is this a good idea?
I own a single-family home 50/50 with a partner that we've used for Airbnb since 2022. We've both spent 100+ hours through various means over the past year - are we able to run a cost segregation study that would bene...