My older brother is active military and ends his final term in August. My wife, him, and myself plan on moving in together and we are looking for a house. After talking with an underwriter, I was advised my debt to in...
Is it better to claim everything you can as far as write offs or pick and choose? I've had people tell me both. I'm a new 4plex investor and I'm pretty clueless on doing taxes for real estate business. I want to buy m...
Hi all!I am in the midst of hashing out the last few legs of my business plan. In short, the business will consist of placing 3-5 nordic-styled tiny homes on some land (TBD) in Northern Michigan. When it comes to fina...
Hey, question for anyone familiar with 1031 exchanges. I have a rental property I’ve held since 2019 that I’m considering selling. Would I be able to do a 1031 if I’m buying a primary property with an ADU that I would...
I’m in the process of selling my business(food) and the building it’s located in to my partner, I will net about $2m for my 1/3 of everything.I want to re-invest most of this money( after I pay off all my bullshit deb...
Hello!Can anybody share their experience on using LIHTC? Also, can you point me to good resources (books, websites, etc) where I can learn more?I recently met with my local housing finance authority to find out about ...
So im looking over the financials of a two for one commercial property purchase. One of the buildings is a small storage facility and the other is a self serve car wash. Both the storage facility and the car wash are ...
Hello everyone! I am looking for multifamily deals in my area and I have enough for a downpayment on one that I found. This will be my first deal and it is all the cash I have if I buy it with a dscr loan. My thoughts...
I partnered on my first two deals this year. One I put some money in, the other I did not. I received equity for structuring and sourcing both deals. My CPA mentioned the potential for the irs to classify the equity a...
Hello,I would appreciate your input on how to allocate some cash.First, let me preface this by saying I don’t qualify for a mortgage - my debt-to-income ratio is too high. It’s over 50%. So, let’s not bring a mortga...