Daniel Dietz
Do Pasive Losses Offset What I Owe for SSI Tax When Self Employed
Hello BP Members,So far I have been doing my Buy-n-Hold investing inside of my SDIRA so have not had to worry about the 'tax efficiency' of things so far. But, I am planning on buying some properties conventionally in...
Sid Shankar
401k to self directed IRA for rental investment
I want to move 401k to self directed IRA for rental property investment down payments. My 401k administrator doesnt allow that. Are there any banks/financial institutions which will allow that? Looking for advise here
Ravi S.
Tenant - thrashed home before vacating, no forwarding address
Home: 3BR, 2Bath; Built in 2018.
Tenant staying for 3+ years. I served 60 day notice to terminate lease. Last day of lease 5/31. Vacated on 6/1 late evening.
Thrashed the home --- Walls with crayons, broken dishwash...
Muks M.
Renting to someone new to US with no credit history
What would you be careful of before renting to someone new to US with good salary (6 time rent) but no credit history in US ? Proof of salary from employer offer letter only. Good bank balance proof (25 times the rent...
Nico C.
My lender will not consider my Short Term Rental income
My lender will not consider income from my short term rentals as part of my Debt to Income Ratio. Any suggestions or workarounds? (Besides submitting a bogus lease for a “long term tenant”... yes this has been suggest...
Tom R.
Renters application information
My first property is currently in escrow. I am in the process of writing up applications and agreements. What kind of documentation do you require for your rental agreements?IE proof of citizenship or legal residency,...
Jake Sink
How long until you can be approved for FHA loan?
Hello,
I’m sure this has been discussed before but I have not found the information. I was wondering how long you must hold a w-2 job before you can be approved for an FHA loan?
A little back story. I am graduating...
Larry Bailey
Morning Update 2-1-2023
Stocks are lower and Mortgage Bonds are higher to start the day. The Fed kicks off their two-day meeting today, with their statement due for release at 2:00pm ET. Fed Chair Jerome Powell will follow up the statement w...
Josh Lear
Financing for self employed
Hello everyone!Little background, then question. Thanks in advance for your help!My name is Josh. My girlfriend/business partner and I are looking to buy a few rental properties. We are currently looking to move from ...
Jason Deck
Buy and hold in an IRA - Pros and Cons
Does anyone have experience holding property from a self-directed IRA? I am trying to get a handle on what is possible, and the pros and cons? For example, can I use IRA funds for a down payment, or must I make an o...