Hey guys, thinking about purchasing a car this year and wondering if it is possible to write off a luxury car for their STR expenses.My tax advisor said that I will need to prove this car was used for the business.I k...
We found a great rental property, got approved for a loan, and then were going to use a heloc for the down payment. The loan app for the heloc had issues due to a bank error (never using this one again) and we had to...
I am wondering if you built up $10,000 or $25,000 or $100,000 in cash to invest, but were not ready to invest, where would you park your money? Would the "location" change based on the dollar amount?- Money market (FD...
Hi, my LLC is about to start a rehab on a future STR lake house that the LLC will manage via rental arbitrage. The LLC will be renting the property from my father and he is willing to share some of the cost for the r...
Good morning everyone :)
We are evaluating our first buy and hold.. a little 700 sq ft 2/1 bungalow. It will need quite a bit in repairs, but we have zero experiencing in estimating costs of repairs.
W...
I’m building my first rental property on a piece of raw land I recently bought under my name. I plan to eventually transfer it into an llc I created once it is rented, and refinanced. Would it still make sense to open...
I have a property management fee structure question for the forum.I have several properties in Louisiana and I live in Georgia. I am under a typical property management agreement with an individual who has been fantas...
I've spent the last couple weeks looking at deals out of state (Arizona) with the intent of purchasing my first rental property. I've been with my current employer now for about 1.5 years and was with my previous empl...
Hello Everyone,
I currently own and manage 30 Doors. Some Single Family and some Multi Family Units. I definitely need to automate my Property Management solutions to include rent collection, lease agreements and ren...
Dear all,
I am a newbie in real estate and would appreciate your advice. Here’s my situation: I bought a single-family house in France 3 years ago and the current balance of my mortgage is 120K Euros (16 years mortg...