Financed my first STR to get 90% loan, so property is in my name (not owned by LLC).Any benefits to leasing personally held vacation home to my own LLC, to help keep business expenses separate from personal & long...
Hello,Many years ago, my family helped me purchase a house and gave me a portion of the downpayment. Fast forward to today and I've made a nice profit on the house. I'm currently in the process of doing a 1031 exchan...
Hey BP members,
I have been researching on how to structure the start of my rental empire. I hear a lot of everything...one LLC for each property...one LLC for all my properties...different tax strategies...
My quest...
Hey guys, I recently stumbled upon this site. Great info. My question is, i bought two properties using the VA loan one in Colorado Springs the other in Fort Walton Beach. I’m renting out the one in CSprings. I’ve onl...
My name is Valerie, my husband and I live in Colorado Springs, CO and are newbies is the Real Estate World! Our strategy is to buy and hold. We have purchased our first rental and just got tenants in...so excited! N...
I’m currently looking for my first property that I plan to rent out for 8 months as a STR/MTR and live in the other 4 months. I am curious wether buying a townhouse vs a stand alone home will change the amount of reve...
Real estate investment is a time-tested method of building wealth and generating passive income. It’s also a way to hedge against inflation and acquire an asset that appreciates over time. However, long-term success r...
Hello everyone, I bought my first rental last year in November (2022) but after rehabbing it myself, I did not have a tenant until January of this year (2023) so I did not make any profit to show on taxes. Would there...
The single most powerful way to accumulate (and keep wealth) through real estate is to purchase it in your ROTH IRA account. Purchasing within a ROTH IRA is using "Post-Tax" dollars, in other words, you have already p...
I am told that there is a 26% tax credit with a new solar project along with the ability to depreciate 87% of the cost of the system in the 1st year. Is anyone out there doing this?