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I have a house under contract, renter ready to move in and my lender is getting squirrelly on me and asking me to make changes to my tax return that I’m not super comfortable with and they are charging $6k in originat...
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Hi Guys,If I buy a deal with seller finance can I deduct the interest payments as I would with a standard mortgage?I know you should not count this phantom income and I will not factor this in to anything. Just wonder...
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Hey everyone so just a short overview, this is a New build duplex in a class A neighborhood , buying semi low money down so cash-flow inst the greatest. Keep in mind this will be a 30 year or forever hold with appreci...
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Hi all,I want to manage my investment property myself and wanted to know how to handle taxes. In the past, I have the used a property manager, and gotten a W9, but how should i do it myself ? Do i need to use some sof...
Hello BiggerPocketorsMy wife and I just placed an offer on a townhouse, and we're pretty confident that the seller will accept it. We are also in the process of creating an LLC in the state where the property is locat...
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I'm married, age 29, and make less than six figures. My wife stays home with our two kids. This year and last year we maxed out my 401K ($17,500 annually) and both our ROTH IRAs ($11,000 annually). This has allow...
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Long story short..
A company has paid the taxes on my grandmother's house for the last 3 years across the river (ESTL). If taxes are not paid in 2 months the company will own the property for taxes.
Can't just pay t...
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I am a fix and flip and buy and hold investor. This year my fix and flip income was better than average and will bump my income into the next tax bracket. I am thinking about purchasing a used skid steer and trailer...
Is there an average price to pay for multi-state tax returns (3 commercial and 3 residential rental properties) in California? I believe I am being overcharged but it seems like a huge risk to search for and switch CP...
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Money isn't easy to save and $10,000( my debts) is a ton of money I want to save for a downpayment, I'm just starting so I don't have any money I would like to save $60,000 to buy a rental property, I think I could do...