I would like to make savy investments and over a long period of time eventually generate enough income to live off my investments (make at least 50-60k a year) with 300k capital and no current income.
Does anyone have experience with refinancing a home with just the rental income generated by the property as the reported income to the lender? As in will a lender refinance a property only taking into consideration r...
I've got a client that might want to sell a house with three units in Baltimore. Total rent $1,850. They want to sell it occupied.What kind of price, based on income alone, is typical? Will people pay $185,000 for tha...
Hello,
I'm a general contractor in Los Angeles (S corp) and also own 3 properties in an investments company (LLC). My S corp makes much more $ than the LLC. What do I need to do in order to buy properties from the S...
*My husband and I are fairly new to real estate investing and are both Active Duty stationed in D.C.*Background: We want to purchase my husband's grandparents' house in MO that sits on family land. The house itself is...
Hi Everyone, I'm Steve and I'm new to BP, but have been investing in multi-family for 24 years. I'm looking for other seasoned multi-family investors to brainstorm on how they generate additional income streams. As e...
Q1: How do I report the interest passive repayment interest income from a hard money-bridge loan I made to a flipper?
Q2: How do I report the profit and expenses from the sale of a flip?
By the time I pay all the taxes, insurance and interest on loans; I barely make any money. I would like to get help but lawyers and accountants take another bite out of my income. I am generating good income from my ...
Hey All,I have reached to my accountant about this but thought I would ask here to see if anyone has done something similar.An LLC of which I am the manager, and my SDIRA is the only member, is in the process of acqu...
I've been lurking around for quite some time and finally at a point to where I can make some major moves in real estate. Aside from capital gains that I have to offset this year, I am also now an W2 employee and fall ...