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Anyone have a template for 750hrs write off real estate professionals. I am trying to get the tax write off. Thanks
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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 ...
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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:
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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...
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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...
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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...
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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'...
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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
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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 ...