which type entity for flipping house, next two years hold rental property should we form? my husband has a property maintenance (DVA), should we open another one for the flipping house? LLC?S? C?which one will be easy...
Purchased home back in 2015 brand new. We just rented it out for 18 months and we moved into our other new home that just finished construction. I plan on acquiring new properties in the years to come and my wife is a...
hello! I own a house in philadelphia but I dont live in philadelphia so i hire a manager for the rentals of the house. So I dont know much about the rental license stuff so I thought the rental manager will get everyt...
Two years ago I went to a small suburban town to visit some friends, who then complained to me about their exorbitant rents. Turns out an international company was the largest employer in the area and attracted a ton ...
Hi everyone!
I haven't been active on the forums for roughly two years. I logged back on and it looks like my account has been wiped clean. My profile picture is missing, my stats are gone, my bio is gone, everything...
Greetings! Happy New Years!Question for the tax pros or people much smarter than I. I am in the military, active duty. I rented my previous primary residence for a couple of years after I moved on orders. As it was my...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $310,000
Cash invested: $65,000
Purchased at $310,000 off market. Anticipating $70K invested. Should be able to sel...
September will be 2 years ago that I started this process. My first purchase was a house I learned that trying to use family to do the rehab is a bad idea. That process only took me about 2 months I know I'm slow my w...
I’m 24 just got out a CNC trade school live with my dad. I had enough money saved for a down for a duplex but with only 4 months into my new job my local bank requires 2 solid years at my work. I tried using my dad as...
My First Two Years as an Owner-Occupied Multifamily Property Landlord in NYC
By @Mrahman2008
In March 2015, I bought a 2-family home in the Morris Park section of the Bronx, NYC. I was excited beyond words. I was ab...