I have a multi-member LLC that hold several properties and we refinanced our portfolio. Due to appreciation, the refi loan amount exceeds the capital basis of the LLC. If the members withdraw funds beyond the capital ...
I have been through the grueling awesome process of selling my house to buy apartments. 4 plex $375k 5% down (18750) 2bd 2bath $3250 total income $2350total debt service $300 total utiltes and misc cash flow $600 mont...
Can someone explain what debt to income is and means?
I have a rental property with a 4.75% interest rate. My plan is to pay it off over the next 3 or 4 years and enjoy the increased cash flow. I am 60 and retired.However, I have heard it is unwise to have a fully paid...
Introduction to Real Estate Investment through Retirement Accounts
Have you ever considered that a Self-Directed IRA or Solo 401k could be used to invest in rental real estate? Surprisingly, many people are unaware...
Hi Everyone,I'm relatively new to the REI world. I have one rental property now, and I'm looking to acquire another. I could use some experienced insight on my plan.I would like to use the equity in my primary resid...
I have a court judgement against a former tenant for unpaid rent and damages. How do I include this in my tax return if at all? I assume I can only claim for the assessed damages portion, as I have yet to complete ful...
Should I sell my rental property to pay off CC debt or get an equity loan and have the tenants pay the loan?
Hello, i'm 22 years old and I live in Parsippany, New Jersey. I'm really interested in real estate but I don't have any experience yet. I'll be graduating from Rutgers University in May 2018 with a degree in Electrica...
Hello,Seeking guidance......I will do my best to give as much detail and keep it short. All wisdom will be greatly appreciated.Current situation:Househacking for 3yrs - 2 unit property with 80k equity and 720 in month...