Could someone please tell me in as general numbers and terms as possible what the overall difference in end taxes might be between these two? Let's say for example the company clears 120k in profit on sold flips eac...
I think this is a good primer for anyone in the market for a short term rental. Feel free to jump in and discuss.
But I thought this was turnkey - what's with all the delay? (biggerpockets.com)
I'm trying to be extra cautious incase something happens at my rental in which I would need more coverage. My friend put his rental in a LLC and he states it will cover him if there is a lawsuit etc. My realtor was r...
I'm looking to House Hack as a start too my investing career, could I get a few tips to house hack in a very expensive place like Toronto, Canada. I have about $30,000 saved up as of now and I am a full time student i...
Hey!
I wanted to reach out and see if anyone had any experience getting a multifamily unit using an FHA loan.
Specifically,
1) How does the process work?
2) Do you find a property and pitch the “idea” to a bank?
...
We finally have our STR property set up and rolling, listings cranking on Airbnb and VRBO, and on our way towards getting enough 5 star reviews to kick the machine into high gear. Still have some deferred maintenance...
In this situation, $60,250 has been collected in rents over a 12-year period ($38,000 net), yet I cannot tell who, if anyone has a reporting or tax liability for the rents collected, or when their liability, if any, w...
I am attempting to buy a house from an owner who is in Bankruptcy. It is a rental property and it is in disrepair, the tenants have not paid for over a year and the owners are $14k in arrears. I talked to the seller...
I want to start by saying: WHOLESALING IS NOT ILLEGAL. Wholesaling is buying a property at a discount and selling it to an investor or anyone who isn't the end user. I'll address a few common questions and misconcepti...
Hello, I have a specific question and haven't been able to find the answer.I have a very motivated seller who owes about $126,000 on his house, which is also what it's worth. He is willing to repair the property and ...