Mike Miller
Intent To Rent: Capital gains vs Income Tax?
Hi All,I’ve been tossing over in my mind my current situation. I buy SFRs and use the rent-to-own model with them. My model is a little different in the sense that I treat the house more like a rental. Here’s a few ex...
Tania Reuben
STR Accounting IRS Structure Question
We're planning to STR a cottage on our personal property.My question is from a structure standpoint, can we rent the cottage through one of our corporations, or do we rent it personally. I know one other family that ...
Steve Maye
First Rental- Upgrades and taxes
I have wanted to get in to rentals for a while. Kept dragging my feet. Now I have to move and plan to rent out my current home.
Question- I planned to replace my front windows. Now I wonder if these could be claim...
Patricia Franciulli
Purchase idea
I found a home on the mls that need 20k or repair. It had mold, the a/c may not be working, plumbing issues, some doors missing, some water damage, no flooring and maybe some foundation issue.
Listing agent R...
William Coet
Do Lenders Prefer a Borrower Has Real Estate Portfolio When Lending On Real Estate?
If a multifamily owner sells a portfolio and then owns only a personal residence, but has cash from sale, will they be a less desirable borrower to lenders? In other words, does owning an unencumbered cash-flowing RE...
Patrick Goswitz
Purchasing Materials for Contractors
I found a contractor I like to rehab a house I bought. Is it best for the investor to always purchase the material? I am assuming the answer is "yes" to get credit card points and prevent a contractor from charging a ...
Bernard Mugume
Investing In Uganda
Africa has been left out in Developing Real Estate. But now its a hot cake and Uganda being a Pearl of Africa has attracted fast growth in tourism sector, and hotel development. This has automatically created real es...
Kay Bomb
Lease purchase agreements
Is anyone familiar with lease purchase agreements? If so can you let me know how I can talk a motivated seller into settling for a rent to own option for there property without getting cursed out?
Scott Passman
Covid-19 Shutdown Tipping Point
I think we've reached a tipping point where it's beginning to look like the economic shutdown in response to the COVID-19 pandemic is causing far more harm than the lives it (may) save. While shutting down some busin...
Account Closed
Question about investing under current LLC
I am currently working as a Texas Notary Public, loan signing agent, and as such have already established an LLC for tax purposes. I am wondering if I need to set up a new LLC for Real Estate investing or can I use my...