Hi everyone, As I understand, every time that I purchase a rental property, after it rented, and I want to purchase the next property. The bank can take 75% from the income of the first property and if it covers the (...

Hello,
I know that most people say SFR are the way to go, but I have some questions on condos in Miami. I see what appear to be nice condos in Miami, on Trulia.com, that are one bedrooms selling for about $100,000. Wh...

Hey Guys, 
Really appreciate any responses and guidance here.
This is my first investment purchase, property is in Livermore California, and we are in closing.  As I type this,  I am reviewing the disclosures from...

I went onto my secretary of state website and looked at forming an LLC and it was $600. Is this about normal? Are there any sites you have had that you would recommend to be better or cheaper?

I noticed an empty house while driving around. Checked county website, $27,000 in back taxes/fees. Does anyone think it would be possible to make a lowball offer to the tax office to clear up tax lien with the agr...

Hi all. I received my first 1099-INT from a new PM. It has only one box filled in - box 1 - with a sum equal to gross rent received by them from tenants. Should it include net rent which takes into account losses due ...

Hello - my mother is in the process of finalizing her divorce with my father. She will be receiving an LLC with 6 rental properties (1 has a promissory note that will be transferred to my mother) by May 1. I'm looking...

Has anyone used Prime Corporate Services (PCS)? My partner and I set up a legal entity with them and are considering using their tax services - one time set up fee of $3k and $65/month retainer which includes annual K...

Hi All,I am thinking to sell my old  property. For example if my property sells for 300k I have to pay 6% to realtor which leaves me at 282k. Out of 282k how much taxes I have to pay right away and how much taxes I ha...

So there has been rumblings of the current administration trying to find additional tax savings anywhere they can.A crazy notion has been to look at doing away with the 1031 exchange. This goes against every founding ...