Natalie C.
Do contributions to my Roth 401k affect my DTI ratio?
Hope everyone is having a great holiday!Do contributions to my Roth 401k affect my DTI ratio (with regard to a conventional mortgage)?I have a w-2 job. For example, let's say I were to contribute 100% of my salary to ...
Garrett Ott
Acquiring capital for second property
Hello BP! I’ll cut right to it. Im trying to walk myself through the BRRRR method while using an FHA (203k most likely) to fund my first property. Once that’s done, and I refi, how will I be able to pull out enough $$...
Dan Bohannon
How do you find short sales?
What method do you guys use to keep up to date with short sales around a particular area?
Chuck Schmidt
Cost Segregation for SFR, and does Bonus Depreciation apply?
Looking at some SFR homes to purchase, in the $140K range ( 1 story, brick ranch, garage, 3br). Providing all the usual calculations work out ( rent, expenses, management) I have a few more questions on how to help my...
Raleigh Lewis
Should I use a FHA 203k loan or First Time Home Owners?
I want to purchase a property!!! I am currently attending different tax sale auctions. I am also looking for fsbos. I think it will be easier for me to purchase my first property using my name and start selling prop...
Justin Monday
The cost of filling a vacancy?
Hello BP,I want to know what you think about the true costs of filling a vacant unit. I am not looking for a number here as all regions are different in this respect. What I would like to know is what are the cost ele...
Duncan Taylor
Do You Trust the Cloud With Your Business Critical Data?
I am trying to increase my understanding of how users are accepting or not accepting storing their business critical data in the cloud.
Do you use any software which stores your information in the cloud?
Is...
Matt P.
Need new CPA...
I live in California (with CA W2 income) but BRRRR in Tennessee. I'm looking for a good CPA who is also a real estate investor, that can help me with tax strategies. Multi-state income, 2nd residence in TN, have cou...
Michael G
Ultra-basic tax example
Hello friends,
As I get closer to buying my first rental unit, I am thinking more about taxes. I know depreciation can be used to offset rental income. I have a few questions about what the government considers incom...
Michael Plaks
Now, about those "proactive tax strategies"
This post was prompted by a discussion with an investor who approached my firm for tax strategizing. The investor was particularly concerned about receiving proactive tax advice. As opposed to, you know, retroactive t...