Melissa Dorman
Property taxes renter vs owner. Where do they go?
Hey all, I've been contemplating the impact that gentrification and real estate investing have in under served communities. I'm curious if anyone knows.... I heard that counties/states property taxes go to benefit sch...
Kaylyn T.
Anyone ever used equity from a co-owned property?
I'm looking for any advice on how to use my equity from a property I co-own. It's a single family house, and I would like to use a HELOC for re-investing purposes but I do not want to have my co-owner be responsible f...
Eric P.
Rental Real Estate Loss Allowance making over $150k...
Can someone better help me understand how the Rental REal Estate Loss Allowance works? I was surprised to find out I'm going to owe $3,800 in taxes this year. I have just over $17,000 in losses from our rental prope...
Pete Pras
Good or Bad investment with Restrictive Covenants?
Hi.
Looking at a deal through my wives family for a direct waterfront property in RI House, dock and tennis court. However, there are restrictive covenants one sister who lives in back is imposing. 1- a height restri...
Parker T.
Tax Tradeoffs to RE in sheltered account
All,
Correct me if I'm wrong, but if a property is completely owned inside a tax advantaged account (SD IRA or 401k) then we are unable to take full advantage of tax benefits to real estate investors, correct...
Rabih El-Khoury
Adding Members to an LLC: Tax & Legal Impact
Hi. If you'd to care to contribute, I'd much appreciate it. The following is an actual scenario: Partners A, B, and C create an LLC. Each partner has, say 2,000 shares. Total LLC shares = 6,000. The LLC buys a propert...
Logan McConnell
Buying a business and its effects on getting a home loan
Hi, is anyone familiar with the business ownership (>25%) self-employed rule? I heard that owning >25% of a business negates your monthly wage (even if you are a W-2 earner) from a lenders perspective for 1-2 y...
Michael White
Co-owning a rental property when not an equal share holder
A relative approached me with the opportunity to purchase a vacation home that we have been going to for over 30 years as renters. The current owners want to sell the property and my relative wants to buy it. They a...
Brooks F.
How do you divvy things up with investors when you find deals?
I've been having some decent success in RE, and so now i have the opportunity of having a number of people asking to give me money. I've vetted and have two people I'm willing to use their money. I'm having a hard tim...
Ben S.
Townhouse or condo and how to tell?
I am looking at replatting a couple six plex buildings which are set up like row houses. Currently on 4 parcels. With the irregular shape of the lot I think a common area or HOA owned parcel will be needed for the m...