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I am a new, confused investor that bought four single family turnkey homes in 2016. I had a CPA do my taxes and am not clear about the tax advantages of owning SFHs. I do not qualify as a real estate professional.1. D...
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I have two main questions. On a car lease is there a standard or accepted amount of the lease that can be applied to the business. Would 100% raise a red flag, 90/10, 80/20? (Should I track mileage to make the proper ...
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I just closed on my first rental today. how long do I need to wait to apply for a credit card? asking because at the closing my LO keep having me sign papers and as she put it "this just say that you didn't go buy a n...
Has anyone heard of this???????
I stumbled across a podcast talking about multifamily volatility. To be entirely honest, I’m a bit embarrassed to say that before watching I had no idea about the main topic (something...
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I currently have my own residence with a 5.25% fixed interest rate with excellent credit that I have lived in for 2 years. I am planning on living in the home for another 3-4 years.
I looked into refinancing my lo...
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I am super excited to be using Private Money for the first time to do a deal. My first deal ever was a vanilla MLS deal, my second was personal cash off market acquisition BRRRR deal (purchased and rehabbed for 92k, p...
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Good Evening BPMy question for the day is: If partners are applying for hard money who's name should go on the loan? All of them or just the ones with the good income/credit?Real life example:My parents and I are goin...
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One year ago, I exchanged a rental duplex and for 4 rental mobile homes. One of the homes has been vacant for much of that year due to poor property management that was recently fired. I would like to sell it as a ren...
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I have been buying, selling, rehabbing & flipping as an LLC in Texas. I plan to incorporate and turn up the heat. Do you have to have a Real Estate License in Texas to Sell Properties or simply have a Real Estat...
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Hi all, I'm Max. I live in Glendale, CA.I love extreme sports, risk-taking, great jokes, interesting and honest people. I used to play poker before and now want to switch to RE. The experience I got from poker gave me...