Today, I own a small real estate company (LLC partnership). It owns 1 property, which it rents, and has one mortgage against that property, which it pays. I personally guaranteed that loan based on my assets and incom...
Hi everyone my name is Elia and I am new here. I have 2 short-term rentals in WNC, one long-term rental in AZ currently for sale, 2 lots for sale, and a fixer-upper to be fixed. My husband and I are ready to fully gro...
Hello everyone. I currently sell cars for a living and I have found my passion in Real Estate. I am 27 years old and single and I do not have any kids. I like what I do but I don't love what I do. Life is too short to...
If you had approx 2.4M what stategy would you do? Keep in mind I am brand new at this. I do have to do a 1031 exchange to avoid capital gains. My goal is to generate income since I am closing my business which is my 9...
My income now is divided as per the following: 30% of my income generated from daily work (9 to 5) as typical white-collar, and 70% of my income is from real estate rental, i am afraid that real estate will collapse e...
I like the idea of a small multifamily for my first rental property. I'm looking at around 2-6 (maybe up to 8?) unit properties. I'm limiting it to this size because of the purchase price and not wanting to bite off m...
In part II of Real Estate Tax Deductions, I want to talk about the Passive vs. Non-Passive Rule. If your income is less than $150,000 per year, you are allowed to claim up to $25,000 in passive losses. Rental income f...
Financial due diligence helps in making informed investment decisions by providing key performance indicators (KPIs) such as financial position, operational performance, and liquidity. These KPIs provide critical insi...
I have a LLC that i use to rent properties. In a couple of years i want to use income derived from that to help qualify for a mortgage. How should this be structured so that i can properly use that income? This is ...
I posted this in the beginners forum yesterday and it did not gain any traction. I am hoping this forum is the right place to go.My wife and I have been saving up and educating ourself on real estate investing. Our go...