Jesse Jimenez
LLC mortgage or individual
I'm am trying to find best way to have rental properties . Forming an LLC and using a commercial bank to find them seems to be the most logical and best way. Am I wrong?
Adam Smith
Loan deductionband taxes
Hi,
My understand is that you can only deduct interest from a loan on your taxes and not the whole loan payment.
say I buy a $1,000,000 apartment building that generates 6% ROI( not including loan payments). And s...
John Taso
Mom gifts, I buy, sell to mom, I buy back
Hello!I have found myself in a bit of a situation...I am currently in contract to buy a house. Due to high volume, the appraisal is set to take place a full month from now - on the day our contract period expires. We...
Guy Yiftach
Can anyone recommend an excellent tax adviser?
Hello
I am seeking professional tax advice. Specifically regarding Section 179 depreciation and bonus deductions. Can anyone recommend someone? Ideally it would be someone experienced in these matters, who is willing...
Gary R Uren
Can I make income before retirement?
I'm in my mid 50's and am trying to find a way to supplement retirement. Did I start too late to be able to make an income to help out?
Scott Esmail
Lease holder died and adult kids still there and not paying rent
We have had a long term tenant who we found out just died, she had a lease when she moved in 2015 but now had been going month to month after that first year. They did not pay rent Oct and her daughter who is not on t...
Jaime Velez
Getting started on real estate investing in Puerto Rico
Hi Everyone,
I'm a Technology consultant originally from Puerto Rico living in Dallas. I'm single, with no kids and no debt looking to start investing in Real Estate in the island. Due to COVID I've been working re...
Isaac Schaefer
Storage Units in North Tacoma (WA)
Hello - I am looking to connect with someone who has experience with converting commercial space into storage units, and specifically getting the project approved by the city of Tacoma, WA. Absolutely willing to pay f...
Sean York
Establishing Residency for In State Tuition Purposes
Here's a topic I have not seen. I currently live in Texas and our son's first choice school is in Indiana. I am originally from Indiana and still have most of my family there - so I do have connections that would he...
Andres Topchi
Why a hard money loan?
I am looking at doing a fix and hold. My question is why a hard money lender if you have to put down 20% either way? Can't you just do one of those conventional loans that also includes repair costs?