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Start Up Property Management/Beginner Landlord
Well I close in a few weeks on my first rental. It is a duplex with a current tenant and I will occupy the other side (owner occupy). I have tons of books all of which I have read cover to cover, however I would like ...
Guylaine Dore
Subvention technique?
Hello everyone!I am looking at a great house that needs a lot of work (this would be my personal house). Financing is the struggle.I heard about the subvention technique in Canada and would like to know if this is ap...
Charles Mangum
Should I try to minimize losses if I phase out for most of them anyway?
I have a loss on a single rental property of about $3,500. Because my MAGI is $150k the loss is phased and I am not able to reduce my income by the loss. If that's the case should I not include all of the expenses t...
Green Doggie
Why Short Sales Take So Long?
Newbie question. I read a lot of people complaining that short sales take too long. Would attempting to short sale on properties that are about to foreclosure motivate lenders to move faster? I read that lenders rathe...
Ramsin Jacob
LLC Docs Information
Hello BP community, Seeking clarification if possible in regards to the internal documents held within an LLC. I've been speaking with my CPA (who obviously isn't a lawyer) & my compliance coach from the busines...
Fady Riad
Loan & Cash Flow Question
Hi Everyone,I have a question about loans and making sure you're cash flow positive. I've doing all my calculations as if my loan interest is tax deductable and even though the principle is not I can claim depreciatio...
Jose Ortega
Foreign Investors in the U.S.
Good BP,What tax percentage on the ROI will have to be paid by a foreign investor that will like to invest money in my company to buy multifamily apartments buildings here in the U.S.Basically what I'm trying to f...
Kip Cline
Should I be a real estate professional status for tax purposes?
What are the downsides of electing to be treated as a real estate professional for taxes? Would this make my real estate rental income become active income instead of passive? Is this taxed differently? I do not have ...
Tudor Sabie
Hard Money Made Easy?
Hi all, I came across this company that had been recommended by an investor on youtube, apparently seems legit. Business loans between $50K to $250K with 0% interest rate for up to 18 months. The catch? You need to pa...
Katie Miller
What's everyone think of the updates from Airbnb today for Hosts?
If you host on Airbnb you're probably already aware that they're launching 10 new updates to the platform for Hosts starting today. The updates are mostly to aircover policy and procredure, but there are some other ti...