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Hi guys I have a question, I separated an apartment in the Dominican Republic before it’s construction. The way it works over there is that you can you separate an apartment before it’s construction and pay the downpa...
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I am looking for opinion/advice/or alternative solutions for refinancing with a high debt to income ratio. I currently have 3 houses in my personal name and have come across an off market deal. An obstacle I may enc...
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Suppose you have an LLC that has as it purpose to own a vacation property, where one member is the main investor and one member is the main user and partial investor? The "user" member will both rent out the property ...
hello everyone, my name is Ahmad and i live in Indianapolis. I joined the community about a week ago,and i want to get started with wholesaling but where do i get the contracts for my seller and for my buyer. Any advi...
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Hello CPAs! I am struggling to get a definitive answer to the question - are payments from a Performing Note passive investment income or are they ordinary income? I have seen it described as both - and lets face it, ...
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I currently have student loans that the payment is based off of income(AGI). If I were to put my properties into LLCs that report up to a C corp where profits stayed and could be used to buy more properties, would tha...
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We recently purchased a home through a wholesaler. We are in the 5th day of the process and we just found out that the 1800 square foot home built in 1905 as stated on the MLS is only really (legally recorded) as a 96...
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Your goals and story: Currently have 1 rental property (2 units), looking to get another during Winter
Type of property: Multi family
Location of property: TN
Purpose of financing: For downpayment on conventional l...
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Morning All,I have found parcel for sale which has a nice brick duplex and a bonus three unit small commercial building. I'm pretty confident in evaluating the duplex and the purchase price I want to offer but I'm l...
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Hello, hoping someone can give me some simple guidance / advice on how to approach our situation.I've done my fair share of googling and there's so much info, it's hard to really sort it and make sense of each scenar...