Hi everyone, I'm looking to move from Pennsylvannia to South Carolina in 5-6 years and I really want to start real estate investing before then. Should I wait until I move or should I start now? When I do move how do ...
Hi everyoneI am a new landlord from last year and working on my tax return. I found two new things along the process. First, 1099-NEC and 1099-MISC. Second, QBI deduction.I bought two 8 unit multifamily properties in ...
Aloha BP!I've read this statement a few times but am unsure what it means. So what does a "landlord friendly" state mean? Are there tax advantages or less expenses to pay in those states than others? Would anyone have...
I'm curious how people are structuring splits with people who bring deals their way.Assuming the following scenario; Party A locates and negotiates the deal to purchase property 123 main st. Party B puts up the funds ...
My house was attached to another house, which caught fire due to the owner's negligence (most likely, unconfirmed at the moment). I'm going through the motions with insurance, and a restoration company already. I thin...
How often do you require a home warranty on your purchases?
Is there a way to start your real estate portfolio or a business without having collateral or mixing personal finance’s? It’s insane trying to get some sort of funding via SBA Loan because some require either 25% of w...
I have a loss on a single rental property of about $3,500. Because my MAGI is $150k the loss is phased and I am not able to reduce my income by the loss. If that's the case should I not include all of the expenses t...
I would like to learn more about the use of an IRA for the purchase of buy and hold properties. Are these properties held in an LLC that your own or in your personal name? Can you use these funds for any property, whe...
I am looking for recommendations for an app that tracks rent and payments. I don't want to spend a TON of money (maybe a free app with a small fee to get rid of ads), but I also don't need a ton of features:1. Add new...