Hi everyone, I am a total newbie when it comes to these kinds of things and I am hoping someone can tell me if this is a good idea or not. My friend and I came to the Idea that we would like to own some real estate ...
Greetings,I have read many times that getting a good accountant would be one of the first things to do as I step into the world of real estate investing. I found one but he told me since I bought my first property on ...
Do private money lenders and hard money lenders fund owner occupied properties ?
My wife and I are finished fixing up our first flip. We calculated our repair cost and there was about $19,000 worth of work done by contractors. We spent another $8,000 on materials for DIY such as flooring, paint, ...
Hi all, I have read several articles and watched a couple of videos regarding house hacking and tax deductions with an eye focused on how to properly determine what percentage should be used for tax deductions, and it...
What is the requirement to get the approval of credit card for LLC? Can I use my personal credit card for LLC expenses? If I can not use my personal credit card, which bank do you recommend to apply for credit card?
Hello, I own rental property but do not have the properties in a business name. Can I claim I have a home office expense on my taxes because I do use part of my home as an office?
I was wondering if the BP community can help me understand or advice me to how I would be able to refinance a house if I have no job? It's hypothetical. I'm employed now for 8yrs and I just started my paint business. ...
Hi, Looks like taking out HELOC to purchase additional investment property is not as beneficial any more (still beneficial! just not as). The interest paid on HELOC to purchase investment property is no longer tax de...
I'm new to the income property game and looking for some tax advice. I did a cash-out refi on my primary residence in Nov 2019 and purchased a fixer rental property. I spent 3 months remodeling and placed up for rent ...