I’m looking at purchasing a home in my college town. I'm a 21-year old college student from NY. I will live in one of the 5 bedrooms and rent out the other 4 to friends. I have been pre-approved with a local bank to p...
Hello All -I have scenario and want your experienced suggestion.We own a Condo in Garfield, NJ (Bought 2016) with Payments $2200 (P + I + T + Insu) + $335 HOA = $ 2535/Month. And if we rent this condo it would go for...
How are 11 top entrepreneurs preparing for the next economic downturn?11 Top Entrepreneurs Share How They're Hedging for $h*t Hitting the FanWhile several of the entrepreneurs chose cryptocurrencies, education, precio...
Hey there, just making my first forum post. So I'll cut to the chase. (I am kind of a go-getter lol). Some background: I am 24, have been passively following real estate investing forums/topics for about 2 years.. Las...
My idea is to avoid capital gains tax by flipping within the ROTH IRA while avoiding the transaction fees by managing the LLC myself. My questions are 1) What is Unrelated Business Income Tax as it relates to this? 2)...
Hello Everybody,
I am a newbie in RE. After conducting some research, I have decided to begin my real estate journey by wholesaling. I do understand the process but there are two topics of interest that I have not ye...
Plan to start with first rental property soon with a business partner. Will have my primary residence paid off before we buy our first rental property and will also have the 20% down payment covered on first purchase...
Should or can a tenant claim that the security deposit be returned (minus deduction) but with the percentage that a normal savings account acquired since it was money just sitting in the bank.
Thanks
I am currently working on my own rental property analysis spreadsheet. I've been looking at working examples out there and it looks like the property management % does not pull from other income such as laundry, vendi...
Hello,I'm beginning to expand my real estate investing and will need a tax accountant who specializes in Out of State Investing and provide some guidance for the structuring of entities. I currently have one property...