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I am a partner in a three-member LLC that holds a multifamily in Lowell Massachusetts.
Currently, I am providing property management services for the building. The other members are not involved in property manageme...
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Hey community - Struggling with when we need to bring on a CPA who is REI-focused. Our current CPA has done our taxes for several years (W2 and small business income) and we believe they've done a good job. We purchas...
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Feels pretty yucky. I took some money out of my 401 K to pay back some debts. I paid off almost 6,000 in a high interest credit card , The next day my credit score dropped 90 points. WTF?
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Hi I am looking to start a new business in San Diego doing Airbnb rental arbitrage. Is anybody in San Diego doing it? I am looking to set up an LLC and get started right away. Is there special laws I need to be aware ...
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I am a RE broker in the Chicagoland area. I am getting ready to wrap up negotiations on a 100k sf office space for 8.5mm. 500k of that is a fee to be split 50/50 between myself and the banker who brought me the deal. ...
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I got opportunity to get a house from someone at work. But there is a lot of work involved, the floors are uneven, the siding needs to be repaired, gutters to be installed, kitchen and bathroom remodeling. In one part...
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I'm going to house hack in the next several months and going to use the FHA or 203k loan to start my investing. My eventual goal would be to keep reusing the FHA loan multiple times over the next several years with ev...
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I consider myself a real estate professional, I put well over 750 hours per year buying, selling, maintaining and managing my own real estate as well as real estate for others.
That being said, does a real estate los...
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Hi,a little confused about the short term rental loophole. Seems i can use my paper losses on my STR against active income if my avg stays are less than 7 days and I pass the materially participation test. Here's my ...
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When your property is relatively inexpensive, say $200k, and you want cost segregation applied to it - is it worth it to hire a cost segregation firm and pay their fee? Before we explore this question, an important re...