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Hello BP im a newbie in RE and i entered in a JV contract with another newbie to purchase a historic SFR in Fairmont Heights MD using a hard money lender and closed on October 2018. Our JV agreement is im paying for t...
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Interested to hear how many of you handle rent increases. Here is what I do currently. All of my leases are 12 months and are renewed if someone chooses to stay. I contact them 60 days out from the expiration of th...
Hi, I'm new to real estate investing. I was wondering if I form an LLC to use for making investments, could I deduct the purchase of real estate from my regular income? For instance, let's say I make $200,000 a year f...
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Hello...I’m very new here and have really enjoyed reading the posts and advice. I’ve been a buy and hold investor for a dozen years and I can’t believe how much I’ve learned from this site in a few short days! I curre...
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Does anybody have an exit strategy for BRRRR setups?In the 2010s we did the BRRRR thing not even knowing that the acronym existed and now we're are in a good, but complicated situation.- The commercial mortgages (all ...
Hello, I'm looking to recruit investors in a house flip, similar to a crowdfunding scenario. So my question is whether there is any tax liability to those investors.Assume one particular investor gives me (or my LLC)...
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It seems like an obvious decision, but thought I'd throw it out there to you guys and gals for opinions.
I purchased a house here in southern California in 2010 as my primary residence and it became a rental a year l...
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Hello All, If you click on my profile you will see I use the Stock Market to raise funds for my REI. I want to share some insight on trading your way to success. I cut my teeth on FOREX trading and moved to Stock Inve...
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The tenant would like to use their security deposit towards May rent because May's late fees will cause them to be late for June & July. They would have to refill the security deposit, which would just cause them ...
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Hi - I have been renting my property for about 18 months so I am kind of new to this. I am looking for some guidence if it is a good idea to take my rental property’s depreciation for filing taxes? From some reading I...