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If I have personal loans from family and friends (to invest in real estate), can I deduct the interest I pay to them? I recently learned that there are some interest expenses that you can't deduct, and was wondering ...
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Did any one did HELOC on investment rental properties. I have been trying for many months but no luck yet.
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I'm interested in implementing the velocity banking startegy to pay down debt quickly. However, I don't own a home or any property for that matter. Can I set up an LLC for my business and build up my business credit...
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Hey BP long time lurker here! Need some help clearing up some question. I'm looking to get a HELOC to fund a separate addition that I plan to rent out.
I recently applied through a big bank and was declined due to h...
Hi everyone,I've been doing plenty of research on this topic and thought it was time to seek some outside advice. I've owned a 4-plex property in Long Beach, California. So my following questions are.1. I work full ...
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I purchased a SFR property years ago and I financed it under my personal name. I then transferred the deed to my LLC. My CPA advised me to transfer it back to my name and not leave it in the LLC. His reason was that I...
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I have many rentals and have started really getting hurt with Venmo's limits on how much you can transfer out of venmo on a weekly basis.I can only transfer $19k per week to my bank. I have alot more than than coming ...
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What are those of you who house hack or live in unit and rent out another doing for bookkeeping? I live in one unit (40% of building). My tenants live in the other (60% of the building). Their rent is less than my mor...
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Recently bought my first rental property. After all expenses it should cashflow around $157 per month. My question is when do I withdraw the profit? Ideally the reserves would cover anything that came up, but you neve...
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Hello,I no longer have HSA compatible health insurance plan but have an HSA account from past, which has decent amount of money in it. The current custodian of my HSA account doesn't allow investment in fact it charge...