Hello everyone! This is my first post to the community :) My mom and I have purchased our first rental property in North Myrtle Beach, SC. From the start, I want to ensure we are correctly setup legally and financiall...
I have commercial property that I currently owe $141,000 through a SBA-HEDCO loan at 4.25%. The tenant of this property is a brick and mortar retail business I own and the current market value of the property is app...
So, when Trump changes to no tax on tips I feel inclined to change my rental income structure.50% reduction in rent.Previous 50% made up from a mandatory nontaxable tip. This will be for my excellent service as a lan...
I'm trying to understand the reasons....pros/cons.... to requiring occupants 19+ years or older to fill out application? In my state you have to be 19+ years of age or older to enter into a legally binding contract. I...
Hi, First time dealing with a NNN lease. Since all maintenance, taxes, insurance, improvements is done by the tenant, what other types of deductions are available? Thanks!
When most of us think of having the IRS audit us, we get anxious. Audits can be very expensive, invasive and ultimately time consuming. Some audits are inevitable. However, there are multiple preventative measures tha...
Opinions on financing vs paying cash ? ✅
I have always been in the mindset of leveraging the banks money to buy rentals but with interest rates increasing & difficulty finding cash flowing properties I have thou...
Since many condos have outside and structural maintenance built in to the HOA fees - do the rules still apply? I realize that some maintenance always will be necessary, but it seems some of the bigger ticket items can...
In the property rehabbing and house flipping world, how often is an engineer needed to sign off on some of the more intricate or delicate rehab scenarios? Can a contractor handle most structural issues, or is it good ...
I own a single-family home that sits on approximately 4 acres. I am buying 8 acres located behind my property that will give me a 12-acre parcel in total. In the zoning district that I am located, the residential dens...