Nick Ruggieri
First Time FHA loan
I am 21 years old and looking to get my first home with an FHA Loan. Using this method to get started into real estate. Any advice on what to expect or know for requirements in regards to this loan. I know the basics ...
Serge Velet
New Flipper - need advice and help on how to best manage taxes
Hello all. I am new to flipping and I am nearing the completion of remodeling my first property. After this property my hope is to do 2 or 3 property remodel and flips within a single year. I'm an engineer by train...
Genny Li
Does Stessa have a de minimis safe harbor toggle for capex????
It's doing my cashflow wrong on capex. I don't plan on depreciating a CURTAIN ROD, for heaven's sake. Is there a way to tell it it's going under the de minimis rule????
James L.
Parking lots/ dead beat tenant
So I have a restaurant next door to my bussiness that I rented the parking lot to for nights and weekends. But the tenant has gotten lazy with paying his rent every month on time. In the beginning I messed up, I would...
Ryan Cleary
Keeping business expenses seperate
As a new agent, I have yet to really explore the legal and accounting aspects. I mainly have been concerned with getting listings. That being said I have been using my personal credit card for all my business expens...
Lucien Perreault
North Chicago to Kenosha, WI area
Active duty member taking orders to Great Lakes in May/June. Would like to buy multi family and need advice on the area and market.
Nico Doss
HELOC or Cash-out Refi on Properties in Texas.
Hi all,Two Scenarios--1. I am looking to do a HELOC on a rental property in Dallas, TX; however, I do not live in TX. A bank that does HELOCs told me they could not do my HELOC because I had more than two rental prop...
Alejandro Vargas
BRRRR question for experience investors
BRRRR credit questionI’m planning to buy my first rental soon . Here is my dilema I am contractor with 2 years of W9 the company pays me about 10k a year but the company makes about 80k to 100k per year. ( the Remodel...
David R Beske
New member from Wisconsin
Hello all, I am a new member lead here from Brandon Turner's book "The book on Rental Property Investing". My name is David Beske. I am currently employed at a cheese company which i do enjoy, most of the time, but th...
Cooper Marcus
How do single-property LLCs typically allocate investor losses?
How do single-property LLCs (I'm most interested in multi-family, but I'm guessing this answer could apply to any property type) typically allocate tax losses to their partners/investors?For example, if a given proper...