Disclaimer, this post is about a CAR, not real estate.
Talk me out of this: Used 2018 Tesla model 3. Was bought new at $61,000, 8000 miles, selling for only $47,000 (30% off).
What if: $10,000 down. $37,000 loan...
I am about to close on my first duplex and will be living on one side (top) while renting out the other (bottom).Is there any reason to put the duplex in an LLC?Just have the rent made out to me and have a new checkin...
Many of the properties I've been looking at - in lower income type areas - have a few registered sex offenders on that same street. Is this an immediate no? Would you still invest in that area?I would feel pretty te...
I am at a complete loss! My SFH (3/1.5, 2car garage, fenced)has been for rent on Zillow/hotpads/trulia for > 1 month. asking very reasonable rent (below other similar properties now). I have had >100 inquirie...
Hello!
My name is Sean. I've owned an investment company in Iowa for a little over 3 years now. My business partner and I typically wholesale, flip, or buy and hold. We have a new (and unfamiliar) opportunity that...
Hi All! I am in the process of creating my first LLC with a lawyer. I am planning on buying my first property this summer through this LLC. It will be a single member LLC. I will have a separate bank account for the L...
I'm curious to hear opinions on Wilkes barre and Scranton. More specifically which city you think is better, has a better chance of doing better in the future.
I own a 3 unit in Hanover township 10 min from downtown...
The real estate professional rule states:"A taxpayer will be considered a real estate professional if (1) more than one-half of the total personal services the taxpayer performs in trades or businesses are performed i...
I am trying to figure out what my next steps are. I think I know what I need to do, but would like some feedback and other's opinions. I am a few months away from graduating college with a bachelor's degree in Entre...
I'm growing my rental portfolio and I am a little confused about how to handle my taxes.
With Maint expenses do I need to record them as they come in and then deduct from Income for my taxes?????
OR.
Can I put asi...