Remone R.
Closing may get delayed!
Ok so we are in the process of closing on our cash out refi hopefully closing next thursday the 24th BUT it may get delayed. This property i purchased with only me on the loan and not my wife, so when i filed my 2017 ...
Manson C.
What tax benefits for being passive investor for syndication?
Hi. I participated in a syndication last year (2016) and I am planning to file my 2016 tax this coming week. 1. What tax benefits will I be getting via the syndication?2. Will I be getting tax benefits such as mortgag...
Nicholas Lisauskas
Buy a Property with a friend using FHA Loan
Hi all,A friend and I are interested in purchasing a 4-unit multi-family property together to live in and rent out the remaining 3 units within the next 6 months or so. Two questions:1) Can we get an FHA loan together...
Shiquilla Dreher
How to evict a person from a foreclosure sale
I brought a foreclosure property and the previous owner still live there. What is some creative ways to get them out quicker?
Nick Klomstad
Cash for keys, Evict, or Wait Until The Lease Ends
One of the tenants I inherited who is on a MTM lease is delinquent for the first month. I was made aware of the same tenant not having paid during the month prior to closing as well.After receiving no rent for June, I...
Yifan D.
Home Cash out Refinance for Rental Investment tax deductible?
Taking advantage of super low primary residential mortgage rates.Will refinance my primary house and plan to cash out enough to pay off an investment property's mortgage balance.Will deposit the cash out check and pay...
Seth Kingston
How much should a RE investor expect to pay for accounting?
We own 82 doors (12 properties) in 3 states. Our structure is LLCs passing through to our personal return. How much should we expect to pay for tax guidance, filing, and bookkeeping? Thanks in advance for your response!
Justin Sumulong
BRRRR'ing in your Solo-401k
I am considering using the funds in my solo-401k to do a BRRRR.
First question, I guess, is what are thoughts on this? Good or bad idea?
I've ran through the process and I think the most important thing is not comm...
Nancy Wang
May I throw his belongs out of my garage?
Hi,I recently closed a two family house in Massachusetts. It has a garage that the seller rented to someone who is not a tenant and there is no written lease or contract for using the garage. The guy doesn't want to p...
Paul Rumolo
How much to put away for taxes
Hello all, I am a newbie and about to close on a couple of properties here within the next month. Had a question in regards to how much tax money should I be putting aside each month from my monthly net income. Any fe...