Mike Allen
House Hacking in San Jose, CA
Hi Everyone, I'm got a few rental properties under my belt, but since I live in an extremely expensive market, I haven't been able to get into my own residence. I love the idea of house hacking where I buy a duplex a...
Dan Rudolph
Tax Deductible Investing
My W2 income over the next 3 years is going to be significantly higher than normal. Is there any way to avoid paying a high personal income tax rate on this income? I understand that if I am a "Real Estate Professio...
David Siegel
Recommendation for Loan Officer at 1st National Bank of Texas
Hello BP Community! I'm nearing the finish line on my first BRRR and everything is going really well! I'll post the exact numbers but my 4/2/2 with a PP of $95K and rehab costs of $23K will have rehab completed on 9/2...
Scott Johnson
The Large Brick Home That No One Wanted...
Investment Info:
Single-family residence other investment.
Sale price: $225,000
We originally made an offer of $190,000.00 and went under contract. I sent it out to my buyer's list and my VIPs for $210,0...
Rick Santasiere
Assisting a client with their needs - Small personal opportunity
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $190,000
Cash invested: $190,000
I managed this single-family home for one of my clients for a few years. However, ...
John Cardinale
HELOC when househacking
Hello all! I'm in a little situation that's got me scratching my head. I've been house hacking since 2014 in a duplex that I have a 3.8 mortgage on with about $175,000 principal balance. I have an existing HELOC throu...
Jason Deutsch
purchasing a multifamily with little money down
Morning fellow BP members, On the road to purchasing my first property. Spent months reading, educating myself, listening to podcasts, ect. I was wondering if there are ways to purchase a multifamily without the 20%-2...
Dean Letfus
Withholding tax on foreign owned LLC doing flips
Hi everybody. I wondered if anybody on here has had a similar issue to one we are trying to solve?We flip homes in the USA and have a single member LLC, 100% foreign owned for this activity. UP until this year the dol...
Max Warren
Can't Get Landlord Insurance
Hi all, I was hoping for some guidance for an issue I am having obtaining insurance. I am starting to rent out my former primary residence, and have been told that because of a September 2021 claim for a non-weather ...
Matt Leonard
New Hampshire Interest and Dividends Tax
Looking for a NH tax savvy investor. I am purchasing a 7-unit in southern Maine in a Maine LLC and I am a NH resident. NH has 5% "interest and dividends tax" on income derived from I&D ("Tax Free New Hampshire"...