Considering purchasing my first rental property. Can anyone give me a brief description on the tax implications of owning a cash flowing rental property ? What are the pros and cons from a tax standpoint ?
Primary residence rehab “hiccups” Davis County Utah So yesterday I got a call that My moms primary residence rehab was due to be complete around December 15th but her contractor parted ways as of yesterday. She is two...
Hi everyone,I have a couple questions regarding the Ohio salesperson licensing: First, I understand that an applicant must be sponsored by a broker. Does this mean I am required or expected to work under that broker i...
Hi, everyone. I'm looking to purchase my first rental property in a location that is a can't miss. The problem is that the price of the homes most in need of repair is beyond what I can afford to pay with cash. I'm gu...
I recently purchased a SFH in the South Chicago suburbs 1 month ago to BRRRR. I identified a lender at the beginning of the process who said they would be able to do a cash out refinance once the project was complete ...
To experienced investors, I'm a RN based in Fishers, spent the last two years traveling. I'm going staff in early April as the travel nurse market is dead in terms of the pay. I'm from the south, and seek to move ba...
I hope I posted this in the correct forum. First Post WOOHOO. While venturing through an estate sale five doors down from where a family member of mine lives, I discovered that the old lady wants to sell her house. ...
Ok folks I am a new member here........................
Have an interesting question on rentals
Ok some background...... I have nice rentals
well taken care of in good solid areas.
I typically lease them for one y...
if somebody buying a home, ldeposited like 50-60k in escrow account.home inspection is done, home appraisal is done, now due to some reason, like in the mean time interest rate went very high or any other personal rea...
Is it a bad idea to get a hard money loan for a first flip? Do you need money down? Do you get one under your name or a DBA or LLC? Do you pay monthly or is there a timeframe when it is due in full?
I am brand new an...