Account Closed
Business Tax Question - Carry Over Expenses
Hi all,Thank you in advance to those who read this and offer advice.I started my business last year (2018) around June. I didn't make any money in 2018. I did incur expenses.1. Am I able to carry over the expenses to ...
Ross Yeager
navigating a new llc formation
I currently need to setup an LLC to be eligible for various private lending programs. That being the case, I had a few questions regarding an LLC formation for REI.Where should I form the LLC? My property is in PA (I...
Justin B.
Lender: "Seller can't contribute more than 2% towards closing..."
So I'm buying my first rental property (actually closing this afternoon, :)!! ) and my lender tells me last week that the underwriter has approved the loan, however, because of the loan amount and it being an investme...
David Cohen
What are the pros and cons of doing a renovation mortgage?
I am interested in doing a fix and hold on a property, but I was told I'd have to get a renovation mortgage. It seems simple enough, but I've never done one before. What is the up- and downside?
Matthew Vezzani
Growth mindset from Hawaii!
Greetings all!I am a recent college graduate working for the army teaching sport/performance psychology to soldiers. I am new to the investing world. About a month ago I read Rich Dad poor dad and a fire was ignited i...
Patrick Clark
Lender Recommendation Needed for STR Development Project
Hello All,
I am currently working on a project to create a STR "Retreat" in the Northern Kentucky area. It will initially consist of building 6 units roughly 700 sq ft in size on approximately 9 acres. My partner and...
Samuel Fletcher Hardy
Best book on hard and private money?!
Hey guys so I'm working on my second deal and it's my first exposure to private and hard money. I am looking for all the advice or book suggestions I can get!The dealIt's a 1200sqft(total) triplex2 of the units are 1b...
Shulem Deen
Analysis for Fix and Flip
Hi all -- I'm new to real estate investing, but looking to get into SFR fix-and-flip. (I'm in NYC, and looking at properties in Hudson Valley and Upstate.) I'm hitting a big stumbling block, though, and wondering if a...
Dennis Nikolaev
House hacking on Oahu
Being a part of Great Resignation I am moving to Oahu. 4 kids me and my wife. I'm hoping to house hack. I hear that if you live on a property, then you may do the STR on it. I was wondering if it is real and what/who ...
Kevin Smith
Is this the right insurance setup?
I have a question about insurance. I've recently changed how my rentals business is structured, and I'm trying to ensure I have the proper insurance coverage. I have one LLC that manages all of our properties (but own...