Living in California I started investing out of state in 2010. At the time, an investor could invest almost anywhere in U.S. and pencil out a good return. I chose Texas due to what I felt was going to be an appreciati...
Hey Everyone,I am mainly a buy and hold investor and have purchased our first 6 properties over the past 5 months. I had not intended to flip any but am now considering that given the huge equity we have in them. Th...
Hey all!
I hope all is well :)
When it comes to real estate investing, I've heard that many investors choose to form a two-member LLC with the default tax status as a partnership. However, I'm curious to know if it'...
Hello,
My cousin and I recently got an excellent mentor Stephen Tilton to help us build our capital, guide us on real estate, and connect us with others. I had a brilliant idea the other night. Instead of taking the ...
So I’ve been reading the new advanced tax strategies book and according to the book, because I am a 1099 realtor, I can use the pass through deduction to take off 20% of my taxable income. But according to the first t...
Hi all, Here is my situation:1) Married, filing jointly, living in Texas2) We, married couple, owns the rental property in our personal name (also in Texas)3) We route all rent income and other craft related income re...
Hello folks! I have a question about getting a mortgage underwritten as a newly self-employed person.I recently decided to leave corporate hell and started a one-man, one-owner corporation. I pay myself a base W2 inco...
Hi guys,
I am new to this business, but decided to start big. I am trying to acquire at least two investment properties in the next two months. Here is the challenge; the price range of each of the properties is abou...
I am considering taking my social security income early. I found there is an exception to the earnings amount limits I can make after taking social security when I receive income from rental rooms or apartments for s...
A question for my fellow Canadian investors here.I am in the look for creative hard working mortgage broker for my next rental property in Ontario.so far 6 application denied but I keep going because I feel this is po...