On the last step of the BRRRR process, I am wanting to use a loan to refinance the property and pay back the hard money lender.
However, the lender I spoke with said it would be hard for me to qualify based on my pas...
John Doe serve in the military and met his wife Mary Doe overseas. They came back and purchased a property and placed it in both of their names. John Doe passed away in 2010 John's aunt and nephew attempted Affidavit ...
I have a 401k I have never taken money out of and am considering using it to invest in real estate rentals. Does anyone have advice on how to best do this while minimizing any taxes I would have to pay? If anyone has ...
I have a family member who wants to invest in my next property. But as we’re getting closer to making this happen, I realize you can only gift a person $15,000/year without tax consequences. If they want to invest mor...
Can you write off or expense things purchased for upkeep of a rental unit come tax time? Things like paint, power tools like table saws and drills as well as items like water heaters, and bath tubs? I would be paying ...
As I'm shopping for a new business credit card, I'm wondering if there's a legal or tax downside to using a personal card as a business card like we did before forming an LLC. Just use it only for business and pay it ...
Hey y'all. I have a tax question regarding how to report my rental income when my tenant made and paid for improvements and I am reimbursing them by lowering their monthly rent.
When I signed my tenants into a year ...
I bought my first duplex in August of 2021. I pulled money out of my 401 for the 25% down (80K). Payment is $1500/month and rents are 3K. I bought my second Duplex in February 2022. I pulled again from my 401K for ...
Good Evening Everyone,I have gotten really interested in the note space over the past couple of months. I was going through some of the notes for sale on a reputable site and realized that some of them were the same n...
Hello! Realtor and Investor here. I've got a rental that was a new construction in 2022, so no property tax was defined yet (based only on land value. First year was fine on property taxes, and we were cash flowing ...