Perry L.
how to treat profit from equity share for income tax purpose?
Hello, fellow private lenders:
How do you treat the profit split at the back end? My broker said it would be treated as interest income. That means I have to pay additional 3.8% net investment income this year. If I ...
Joseph C Schmitt
Using SC Public Records for Solicitation
I currently live in New York, my network currently targets the majority of sellers using Direct Mail campaigns. South Carolina has the following law: PURSUANT TO S.C. CODE §30-2-50, OBTAINING OR USING PUBLIC RECORDS ...
Matthew Creel
Total cost to obtain RE license in Alabama?
Anyone willing and able to breakdown the total costs associated with obtaining a real estate license and access to the MLS in the State of Alabama?
Andrew Miller
Getting Commercial Loan for first MHP?
I am looking at my first Mobile Home Park. The opportunity at hand is 14 lots, only 1 MH deed. So more or less looking at buying the couple acres of land. As a new Mobile Home Park Investor looking for a commercial...
Thomas Smith
HELOC on Parent’s Home
Hi Everyone, if a property gets gifted to me (tax consequences aside) from my parents and the title transfers to me, do I need to have it “season” or wait a certain amount of time before I can get a HELOC on the prope...
Matt Wells
Does seller financed property affect DTI for conventional loans?
I am going to purchase a rental and the seller is willing to carry the loan. I am wondering if a seller financed property will affect my DTI for obtaining conventional Freddie Mac and Fannie Mae loans. Does anyone hav...
Anna Johnson
District of Columbia landlords
Hello my fellow RE investors and landlord. I would like to hear your thoughts on whether it makes sense or not to form LLC to rent out my basement on air BnB occasionally. I'm located in DC and planning to obtain a li...
Khandbari Rai
STR in Oceanside , Ca
I am looking to buy a condo in Oceanside or nearby area. Is it feasible to do str and use when not occupied? Looking for ideas from local realtors, owners and pms . Thanks in advance.
Jason Boritz
Sublease question when somebody has not paid rent
Hi everyone,Legal Question -If a person is renting a room from a tenant, who is the only one on the lease, and the person finds out this person is applying for rent assistance and hasn’t paid rent, is the agreement ma...
Tosin Omoba
Tenant Screening platforms
Good afternoon, I am a new landlord and recently just put my home up for rent on Zillow, I wanted to know (besides Zillows screening) what other platforms are good for screening tenants?