Picked up a few single family homes in the last few months. They have been remodeled (completely gutted, rebuilt, and ready to be rented). ARV on the first should be around $185k (I have $130k into it with the purchas...
I bough my first property an 25 years old two years ago in 27 now the property was an double wide mobile home 1580 sq ft 3br 2bath I was renting for an year for 550$ an month an I knew my dream an passion was to own r...
HelloLet me state upfront this may seem like a rather strange question. I am looking to expand my portfolio but I currently don't a need for the rents income. If I use it exclusivly to pay the debt on the property wil...
Hello Forum members, I need your help. I am a W-2 Wage earner with adjusted income above $150K and unable to deduct the rental losses on my 2 properties. I have a registered LLC, but the properties are not titled in t...
We're planning on selling our SFR rental property, and we'll net at least $90k. We're also be listing it for $85k more than what it was purchased for (it was originally owner occupied, and has been a rental for 5 yea...
I see where they support purchasing property in an iRA if it is financed the income may be treated as UBTI and taxed in the year the income is received. In addition you'll loose the capital gain treatment on the sale ...
Hi Folks,I’m interested in potentially purchasing a second home in the Hudson Valley or Woodstock area I could also generate some rental income from. Given the restrictions I’m seeing on STRe in several towns, trying ...
Hi All,
I am looking to start investing via STR Arbitrage. I started looking into Charleston, SC using AirDNA and though the returns look good, the restrictions are crazy.
Is there a location that works better f...
Hi I have rental, operated under LLC. I also do wholesale and the wholesale business is operated under the same LLC.
Do I report both on Schedule C as business or do I separate them, rental in Schedule E, who...
Where I live, the market feels bit toppy and things very spendy. Cant find any multi properties that will yield 10% ROI.Would you guys/gals buy in an area "less hot" if you can buy for 60.00 a SF but there is a very ...