Marco Acampora
Buying Condos as rentals?
I currently own 3 condos, that provide around $100 net each month in passive income. condo fees seem to be eating away at any positive cash flows. My question is should I sell my condo with the most equity in order to...
Ben Jamin
Seller Wants Future Rental Profits
Hi All,I recently went under contact on my first STR, Yay!The property is already an STR and the current owners have bookings confirmed into July.The closing date is set for March 30th (meaning, I will then take over ...
Joey Brantley
Finding Positive Cashflow
So I got a lot of great feedback on my Input for choosing a market post from a month ago. I started seriously looking into properties in the Greater Cleveland, Indianapolis, and DFW markets. To share the details again...
Hamilton Blackwell
Is it illegal to wholesale (assign a contract) in New Jersey?
Hey there fellow investors, I am new to wholesaling and just wanted to see if anyone knows if it's illegal to wholesale in NJ, also, does it require a license of any kind. My understanding is no to both questions but...
Rick S.
Gross Income Thresholds to claim real estate deductions / losses
My wife and I are new to the forum and to real estate investing. We are fortunate to have joint income in the $350k range combined.
We have read a lot of various articles and such but have a BIG question...
Based ...
Jon S.
LLC declare as Partnership or S-Corp?
I have a new LLC. My prospective accountant has suggested that I declare it as an S-Corp. Would the income automatically pass through in an S-corp, to the members of the LLC? Is this good or bad, pros and cons? What a...
Alysa Phalen
What are the responsibilities of a Property Manager in hurricane?
Good day,I live in Colorado but own a 9 unit rental property in St Pete Beach, Florida. I was very concerned when I heard Hurricane Irma was headed to FLA and called my property manager last Thursday, who told me th...
BA R.
Setting up LLC with all protections posible in place
Every once in a while I get this "offer" from Al Aiello to buy into his program that supposedly generates a 121 page LLC articles to include all kinds of contingencies to make sure it is protected on every level poss...
Warren Johnson
Reverse 1031 Exchange Question
I am interested in finding out if anyone would recommend a reverse 1031 exchange?... If you have an investment property you want to purchase and take the profit from one you own but you purchase the desired investment...
Shelley F.
Section 8 question
I have a tenant with section 8 in one of my properties. The place is an older mobile home on a really nice lot with a carport and a deck. Rent is reasonable for the area.The mobile was completely re wired and re plumb...