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My preferred investment in my SDIRA is mortgage notes. The monthly payments are great, but the issue I am running into is what to do with idle cash. My custodian does not have a money market or similar sweep account t...
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Good afternoon! I am 2 weeks from closing on my first deal- a duplex house hack. The property will be in my name, and it seems the general consencus is that someone just getting started doesnt need an LLC. However, I ...
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Hello BP! Don't forget to be tracking your tax deductions throughout the year. To be deductible, a business expense must be both ordinary and necessary. Ordinary meaning it is common and accepted in your industry, and...
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Hi all, what’s best website for tenant to submit the rent I try to set up on TurboTenant but ask me for my social and date of birth those are quite personal info.Any other free portal to charge tenant rent do you Reco...
Hi everyone, my husband is moving to Memphis for a job and we want to purchase a multifamily as a house hack. We’d prefer a duplex but are open to a triplex. Need advice on decent neighborhoods etc. thanks so much!
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I dont like to let my money sit around in a savings account. Its just sitting there not making any money.What is everyone doing with money they are saving for a purchase and dont plan on using for 6 months or longer? ...
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Hi guys we just received our for rent payment! As I am accounting for vacancy, capital expenditures and repairs, I have read to use around 5% for each.I am not sure where the 5% comes from. Is it 5% of the rent?
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Hey anyone know any good Tax Lawyer to get with while I get started I would like to know what my options are when I pay myself after a deal.
Hi everyone, I am a freshman college student currently at a community college, and planning to transfer to the University of Nevada, Reno for either a degree in finance or accounting. I am currently knocking out gener...
My concern/question is "Am I stuck with soaking half the rent indefinitely?"I have a rental property in Cornwall, Ontario and I bought a triplex that has two tenants on the lease. They are (or were) friends and now a...