Anyone have a template for 750hrs write off real estate professionals. I am trying to get the tax write off. Thanks
i am working on my first rehab in Fl and we have been working with a contractor that has great reviews but we just learned before we signed the contract with him that he is qualified by another contractors license. I ...
Is it possible to file for BK 7 and still keep any rental properties if that is your only source of income? Won't qualify for chapter 13 due to excessive debt and chapter 11 is too expensive. :roll:
Hi folks, I was just shy of the finish line on a cash out refi on a rental I hold in an LLC...when today my Lender called and said a 'new Fannie Mae guideline' prohibits cash out refinances on properties owned through...
Hi everyone! I’m Guenevere and I’m new to Bigger Pockets! I’m so excited to be here and learn from all of you. I work as a property manager in my 9 to 5 and see the power of real estate! I’m ready to start investing i...
I've had some very preliminary discussions with Hard Money Lenders, both have stated they only loan to LLC Entities. My natural assumption is that it's easier to foreclose on a property that's held by LLC vs an indivi...
I am about to make an offer on a 4-plex in Texas. I will not have the 2 year tax returns in order to obtain a commercial loan (I will have 2 years in April but I want to close ASAP). As such, I am exploring simply doi...
Hi Experts,
We are three partners buying a piece of property by forming an LLC. We would like to sell the property down the lane and each of us would like to do a 1031 exchange on our own with the proceeds. We don'...
Is anyone familiar with the legality of renting out an accessory dwelling unit or in-law suite in Baltimore County? The county offices are making it impossible to get a straight answer.@Ned Carey Account Closed
Hey Guys ....
Basics:
My Credit Score: 720+
Income: $100k+
My LLC owns 2 properties outright - there is no note on either.
Looking to start financing a few properties, and walked in to BofA today to speak with a ...