David A.
Friend severed fingers on a job site yesterday!
Hi all,
I have a friend that had an accident yesterday while remodeling a home. He had to be airlifted to the hospital and lost two fingers. He has been working for a guy for the past 7 years or so doing remo...
Linda Weygant
Colorado Question - Broker vs Agent
Hi All,I'm getting tripped up on a vocabulary item and am hoping some folks from Colorado can chime in. I have a friend who asked me to manage his rental, but I cannot because of this:Everything I read says that you ...
Garrett Brunell
Pregnant Applicant - Does she meet the income requirement?
A recent pregnant women applied to rent a townhome of mine for a year lease. She meets the income requirement of 3x the monthly rent, however when she goes on maternity leave, I am not sure that she will. Can I legall...
James Morehead
New Member Saying Hi from New Mexico!
Hey everyone,Thanks for letting become part of your forum family. I am 34 years old and happily married with three young boys, 6, 8, and 11. We reside about 20 minutes south of Albuquerque in the Village of Los Lunas....
Mitchell Handley
Tenant Screening and Rental Agreements
I am looking to get into real estate investing. I have seen a lot of videos and read a few books that explain a lot of aspects to real estate investing. The one area I cannot find a lot of good information on is aroun...
Brett Carter
Self Directed 401K transition
I've recently become aware off the self directed 401k. I have a 401k from a previous job which I can no longer contribute to. Having these funds, or a portion of them available to use for real estate investment appear...
Account Closed
Real Estate Professional or Not?
Hello,My wife and I finished building our first rental this year and it is in service:) I am talking with a new cpa about the upcoming tax season and when I brought up the idea of claiming my wife as a real estate pr...
Alexander Johnosn
All of my money for down payment is locked away in 401k
Dilemma: I have $14k in a 401k that I want to use as Down Payment towards a house (This would be a investment property to rent out). Iv'e done the math, and I don't want to until until 63 to withdraw. I can get more ...
Teresa Hunt
Can't get mortgages due to new self-employment status.
I'm ready to get into real estate investing full time, however, I've recently gone from being an employee to being self-employed. Now I find that I can't get mortgages on properties until I have two years of tax retur...
Ashley C.
Audits and taxes for LLCs choosing s-corp election
I recently attended a bootcamp where one of the speakers was a tax guy. He was apoplectic when he talked about CPAs who set up clients in LLCs with an S-corp tax election in part to save on self-employment taxes. Swea...