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So I am about to collect my first month's (plus last and security) rent on my first property - rental application in, background checks complete, initial deposit provided in the form of a check... but I don't have a b...
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Do you recommend forming and LLC for each property separately? Is it worth the cost? Also, am I correct if an LLC is registered in a state that has no state income tax I won't have to pay income tax on the rental in...
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Can someone explain to me how tax depreciation works as an LP? At what point do I actually pay taxes on my capital gains? Is it really just deferment and at some point I'll have to pay on all of it? Seems like a too...
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I have looked at several different real estate investment funds to possibly invest some money. I won't name names as I don't think it matters. For simplicity let's say they both invest in 5 states that do have state ...
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Hey All,
A bit of a newbie here, but I came across a multifamily deal where the current investor is upside down in the mortgage. He purchased the property in 2004 for $95,000 and currently owes roughly $65,000. From ...
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Currently, I have 1 rental property that has a mortgage. The tenants are eager to own the property as there are upgrades they would like to do. I am working with them on a lease option. The catch is they seem to refus...
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I’m intrigued by solar panels and if this is an opportunity to add value to my property as well as increase monthly income. However, I really don’t know anything about them and am relatively new to being a landlord, ...
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Inquiry to CSS, CPAs and MF experts:Many sponsors of multifamily deals advertise the Cost Segregation study as a magic pill that creates money out of thin air, some claiming that by making one they will be able to ret...
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I am trying to understand how this deal could be structured. Assumptions: new LLC being formed in Texas to buy a multifamily with recourse financing. Three people/entities, one of the three is a SDIRA LLC. Capit...
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Can I use a 1031 Exchange to buy another house, then "put it in service as a rental" for a short period of time of 6 to 12 months. After renting it for 6-12 months, then evict the tenants and move in as my new princip...