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I just closed on a 2-flat that I'll be living in and renting out the second unit. I'm tracking all of my receipts currently and trying to categorize them as well as I can. I've read IRS pub 527 a few times and I'm won...
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Two of my friends and I are trying to purchase an investment property at around $300K in cash. One of my friends will bring 80% of money and another friend is bring 20%. Among three of us, I know relatively more about...
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What are the pro's and con's of buying the membership interests of an llc that owns multifamily real estate as opposed to buying just the assets?
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Hey guys, this is my first post! I am interested in investing $10K-30K in a real estate LLC to bring value to the table and take advantage of tax benefits. Where can I find reputable deals to invest in and provide val...
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I have been trying to do some research on this question..... if I sell some of my single family houses could I exchange (1031) and purchase a storage unit business/property? Would this be acceptable under the new rul...
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Was wondering if there are any good apps or software that makes it easy to track expenses and invoices, payments, etc when flipping a house. Currently have 3 flips going on concurrently and it is very hard to track mo...
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Hi,I'm am located in an expensive real-estate market (Los Angeles) so my options for buy-and-hold SFRs or MFRs are slim-pickings. As a result, I have to consider buying and renting out a condo. My question is, what ar...
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Hello Investor Fam,
I'm working on a project that involves a winery owner who needs some big assistance.
Background:
Owner is in a "hand shake" partnership. 35 years ago winemaker shook hands with wealth silent inv...
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What is a good way to determine how much I should allocate from monthly income to the repair fund and capX fund in terms of a good percentage? This oils be on a rental in Flint MI.
Thanks
Anthony
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If I purchased a new or majorly remodeled property where all the major systems were new, how might that effect my CapEx expense category? I realize that it still needs to be saved for, but if my roof shouldn't need to...