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We created a LLC to buy and hold rental properties. Because it is difficult for the new LLC to get bank loan, we applied a Home Equity Line of Credit (HELOC) under our own name. Our LLC has pur...
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I am about to acquire a property using cash so we can do a fast close. I am then going to finance it with standard mortgage. I thought I could deduct the mortgage interest from the loan but read somewhere I can't do...
We reside in PA. and my husband and I wanted to know if we could use 1 of our homes as collateral for a hard money loan.
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In the past year, I have purchased two properties in the state of Connecticut, but am yet to form an LLC, which I would like to do ASAP obviously for a number of reasons. I have put 25% down on both properties with a ...
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Hi all,
I know this situation may seem a bit odd I'll try to piece it together as best as possible.
Last year I purchased a fixer upper home seller financed on an 18 month balloon, due to be paid back Jan 2024 thr...
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I am looking to build a duplex or triplex. I will be living in one of the units. I plan to use a fha loan to build if I can. Would I be able to put the property in my business name since I'll be living in one of the u...
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TBD, LLC
No. of Properties 8
Quote Date 10/20/2023
Property Value $ 1,448,000
Rental Income $ 18,241
Taxes $ 15,319
Homeowners Insurance $ 4,150
HOA (if applicable) $ 0
The above information was used to calcul...
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Just curious if anyone else is going to Robert Kiyosaki's free seminar in Cheyenne in two weeks? I know he has few free ones in northern CO as well.
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I got the security deposit from someone and verbally told him this was used to hold the apt for him. But he told me he couldn't take the apt in the last minute before we signed the lease(so we didn't sign the lease ye...
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Hello all. My wife and I finally found our path to our first rental! We bought a new primary house in November and had a rental contract on our old house that started Jan.1 2025. I plan to consult a tax professional...