Justin Golden
Getting a loan with self employment income
Good afternoon!I just recently separated from the military and my wife and I will be moving to Washington, D.C. I will be starting a business and my wife makes self employment income as well. Obviously this does not l...
Tar-U-Way Bright
Should I House Hack?
Hello everyone,I'm just starting out in the Atlanta Metro Area and I'm looking to buy my first property in the next 3 - 6 months. I've been reading over the forums regarding house hacking and I've come to a couple con...
Eric Fernwood
Two Ways to Cut Your Maintenance Costs
There are two points in the investment process where you can reduce maintenance costs. The first is when you purchase a property. The second occurs when you renovate it.
Select Low Maintenance Cost Properties
The be...
Don Pham
Recently Self-Employed: What income do lenders look at
Hello!TL:DR What income do loan officers look at? Total, Adjusted Gross, or Taxable Income?More in-depth: Should I file as sole-proprietor and reduce my tax liability by reducing my adjusted gross income (pays more SE...
Monica Marker
Sold $300k piece of land that I inherited. Now what?
I recently inherited and sold a vacant strip of land for $300k. I do not have any other assets and I do not own a home at this time (I rent). I am hoping to capitalize on a 1031 Exchange and thinking of buying an apar...
Kez Strong
House Hacking first time buyer
I am looking to purchase a duplex and occupy one of the units. With current prices in Palm beach & Broward county well into the 400s+ would it be normal to not at least break even when only putting 3-5% down? The ...
Andrew Postell
Yay! Tax Season! What you need to know on claiming deductions!
It’s tax season! Yay! Can we detect sarcasm when it’s typed out? Since April is fast approaching that means many of us will need to file our Federal Tax Returns. Even if you are filing an extension I have tried to...
Greyden Piechnick
My mom isn’t able to claim Real Estate tax benefits?
Hello! My mom owns 5 rental properties. She is telling, me since her and my stepdad make over $150,000, she cannot utilize tax write offs until they sell the property. She is claiming that the write offs will be used...
Joachim Lassen
Forced appriciation - How to improve your cashflow.
So I have bought my first 5 plex. And I would like some inspiration on how to improve cash flow. I will, however, try to make the thread as wide as possible, so that many people might find things that they can use. Th...
Doug Kolb
Real estate deductions inside solo 401k or self directed IRA
Hello. I'm looking for some direction regarding specific real-estate deductions while working inside a solo 401k or self directed IRA LLC and working with a rehab on a buy and hold piece of property. I plan on speaki...