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Okay, I've been on the site for a few weeks, so please pardon my ignorance, but I feel like I'm missing a crucial piece of information that is likely so obvious its not really brought up when people talk about no mone...
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Someone responded to one of my yellow letters and stated they have 10 acres of land in Maury county, south of Nashville, TN. It has a log cabin on the property that's 2 bedroom 1.5 bath, 1,260 square feet. The owner...
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My wife and I set our “New Years Resolutions” on our anniversary, July 25th, instead of New Years. New Years Eve is a pretty meaningless day, so we do it on a day that's actually important to us. One of my goals last ...
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Short term cap gains basically get counted as income...you have $100k income and $100k short term cap gain, you basically have the same as $200k income.I've been very careful over the years and have tremendous carryov...
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This is hopefully not as complicated as it might sound, but was wondering if any of the great minds on this forum have thoughts on best strategy for current situation.My husband's parents are fortunate enough to own t...
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Hi Guys,
Having several properties divided into several LLCs.. these LLCs are owned by a Parent LLC, which is owned by a partnership.
LLLP -> Holding LLC-> Rental LLC1/ LLC2 / LLC3
All income/expenses are f...
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I am a newbie here, thanks everyone for amazing information.
We are buying our first STR, paying cash, our LLC is in the process of being formed but will take another 6 weeks our Attorney told us.
Is there any iss...
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We just sold our first flip and are due to close on our first rental SFH within the next week, and I am struggling to figure out which version of QB to go with. While we are planning on building a nice rental portfol...
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Greetings All...I am curious if anyone has experience with Solar Contracts. The back story is that I have an off-market lead for a rental gone wrong that they want to sell quickly and easily. The mother (an older lady...
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I am 18 years old and plan to buy my first multifamily house hack in the next year or so. I am wondering what to realistically expect it to cost. I know that it is 3.5% down payment with an fha loan. Closing costs abo...