Steve Sorensen
Registering Colorado LLC as a Foreign Entity in Texas
Hi,I am refinancing a BRRR property into my LLC in the Houston area. I purchased the property in my LLC that I formed in Colorado with no issues. I've refinanced another BRRRR into the same LLC without any issues also...
Aileen Sanchez
Creative Financing? Savings, HELOC, 401k, HML, Personal Loans/CC
Hey All!
Love this forum and all the great info I've been able to soak in as I embark on my REI journey! I am getting ready to purchase my first Investment Property following the BRRR strategy and am trying to decide...
Nick Graziose
A Costly Disappointment - Yale Assure 2 Locks Fall Short
I recently invested in a whopping 28 units of the Yale Assure 2 smart lock, expecting a seamless blend of security and convenience for my home. Unfortunately, the reality has been a cascade of disappointments, with th...
Edward Carlin
25 year old in Phoenix just getting started
Hi everyone,I'm originally from Austin, TX (where real estate is exploding right now), but I've been in Phoenix for the past year and a half. Now that I've just started a new job here, I figure I'll be in the Valley o...
Eric Thomson
How to report sale of rental property I lived in 2 of previous 5 years in TurboTax
I am filing my taxes using TurboTax Home & Business and I'm filing later than normal specifically because of this issue that the TurboTax hotline has been unable to help with. This is probably the last year I try ...
Will F.
Seller Credit v Price Reduction -- Differences - Cap gains v prop
Hi I was thinking of whether I wanted to receive Credits vs a Price reduction for a property I'm purchasing in Long Beach, CA.As far as prop 13 benefits (for locking in Califonia property taxes) I could see a benefit ...
Eric Castelli
Buying a Rental in a Slowly Declining Area - Seeking Advice
I am looking purchase my first four family and have largely been looking in a town about 20 minutes from where I currently live. I grew up in this town and know the area well. I have found 2 four families which exc...
Tara Garcia
LLC without spouses?
My carpenter and I want to set up a real estate company and believe that if we incorporate (LLC), then we can purchase and sell properties as a company independent of our respective spouses. An atty informed me that t...
Richard Moore
Something isn't right with my Mortgage Broker.
Good afternoon everyone. Iv'e learned a lot from posting in these forums and I would like to thank all of you that responded to my posts. From members advice I started to create my team and contacted a real estate age...
Anthony D.
how can money in IRA be used to pay off a house ?
Is there a way to use retirement funds( eg. funds that one may have in an IRA) to pay off a house without paying the hefty 30% to the IRS for pulling the out money before retirement age?