Sam Lee
Business Structure Question: LLC? S-Corp?
Hello everyone,
My wife and I are finalizing our HELOC, and we intend to start our rental property investing journey this year. I’ve been doing a lot of reading, both internet posts and books, and I’m trying to figu...
Alex Medina
Analyzing house hacks
What am I doing wrong?I’m trying to figure out how to analyze a house hack. I’m moving to Denver, CO. And I’m looking at house hacks and I can see it working with me living in the home, but the rent in the area won’t ...
Sarah Hunt
Need advice about qualifying for loan
Trying to buy a property with my partner. I have the good credit and they have the down payment. However their credit will not allow us to qualify for traditional financing. What are your suggestions for financing?
Rita Merlo
4-Plex on same Water Meter
I am buying my first multi-unit property; a 4 plex in Texas. There is only 1 water meter for the whole place, so the previous landlord has been paying the water bill. Water bill is about $150-$200 a month. Going forwa...
David Held
Loss on SR IRA property sale
Good afternoon. My CPA has raised concerns about two properties I may be selling and I'm hoping someone may be able to shed some light on the situation. Approximately one year ago, we purchased an old golf course wi...
Joshua Steven Ferrell
New HVAC for rental property - price too high?
Hello all,
Curious who else has had to purchase a new HVAC for a rental property this year? I have quotes all the way from $8,850 - $13,250. The house is a 4bd/2ba 2,300 square foot. These quotes are for a Goodman...
Nader Hachem
What is needed on the accounting side before first rental?
I’m finally in the position to actually take action and purchase my first rental property after I close on my primary later this week. I’ve got the process down of running my numbers, finding an agent and finding a de...
Brandon Kessler
Paying for Personal Expenses with Business Income
Hi all - I have a few questions surrounding the idea of having an LLC or some other form of entity. For background I do not have one currently and only have one rental property that’s a single family home but am tryin...
Jeffrey Suarez
Currently building ADU, and marketing Main Home for rental.
I am in the process of building a detached adu garage conversion, almost done with plan check. Will most likely be signed off in less than a month. I will be putting up the main house as a rental in the next few weeks...
Kevin Allen
Buying cash in PA; can title co. require buyer's marital status?
In Penna. can a title company require marital status info when it's a cash purchase by one person?