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Hi All.
I am a small time landlord and I use a bit different investment strategy than most. I typically buy quality A class properties in HOAs that are are cash flowing and located very close to where I live. They al...
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I have property managers to manage rents etc. I am looking for a program where I can put all my properties and personally follow the gain/loss, income, expenditures etc. Quicken home/business looks great but they don...
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I am a real estate professional (claimed status in 2020) and my wife is a high income earner. I am buying a 3 unit and we are both on the loan and both on the title. The plan is to claim bonus depreciation to offset h...
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Does anybody have an exit strategy for BRRRR setups?In the 2010s we did the BRRRR thing not even knowing that the acronym existed and now we're are in a good, but complicated situation.- The commercial mortgages (all ...
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I was just affirmed that my competitive spirit is alive and well. At times I wonder if, since entering adult life, my competitive spirit has died. I'm sure this is one of the things that has been driving me toward r...
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Bought a house mid 2015, did rehab work on it over several months, sold it in 2016 at a total loss of $25k or so.My question mostly is whether that loss can be depreciated or carried over several years, or has to be t...
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Hey!!
We are planning on hiring a tax professional to really sort this out, but we're just curious how this whole thing works. We just discovered the real estate professional tax break and we are wondering how this ...
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Is it possible to pay myself a salary or distributions in an LLC set up to manage my existing properties and then use that income as my income to qualify for conventional financing? What I'm trying to get around is sh...
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Economic Update(Monday, February 22, 2021)
The minutes from the Federal Open Market Committee’s Jan. 26-27 meeting, released last week (after their customary three-week delay), show that members of the Committee ...
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The recent Federal Reserve meeting has sparked much discussion, particularly around the rate changes. It's essential to understand the broader context of these adjustments and their implications. Here’s an analysis of...