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So, here's the situation:Our current income is around 250k+ via W-2 now, and was about 200k-ish in 2015 and previous few years. In October of 2015, we rented a house. After a couple months, the owners put it on the m...
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Hey y'all! Interested to hear your thoughts! Just bought a house on November 1st of this year. A few weeks back. Inherited a tenant who works two jobs and has very few belongings in the house. Two days before I bought...
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Hey Everybody!I've been wrestling with this question for a bit. I have a small business (not real estate) and I have currently have 4 buy and holds, each with 30 yr conventionals on them. We've had two years with a LO...
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I am about to close on my first property on October 30th!! (Thanks BP for the inspiration!) This is a duplex that I plan to house hack. I have to do some remodeling that will take about a month but I will be ready to ...
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Here is the link.https://markjkohler.com/how-a-short-term-vacation-...My CPA had said to use schedule E for my STR on Homeaway. Then I saw a discussion on why you should use schedule C.This attorney explains why you s...
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Hello BP!
I have about $30k in my TSP(government 401k for service members) that I am looking to roll into a self directed IRA so that I could invest it into a multifamily real estate deal.
How does the logistics o...
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Hi,I tried searching the forums but couldn't find the answer so sorry in advance if this is a commonly asked question.My wife and I each have jobs with high W2 income. We live in a community property state, file taxe...
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Hello everyone, I have a question about building a home in Kern county Bakersfield,CA. My uncle was considering building a couple of homes on a lot and was wondering if the return would be worth it or not. Each house ...
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Hi fellow BPers,I'm new to real estate investing, and am looking into SFHs as rental properties in the Dallas area. I'm trying to improve my methods for estimating expenses when analyzing deals, and I had a few quest...
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For all the landlords - I have a word of caution for you. Avoid using online services like Cozy for your deposits and rental payments. They have the ability to withdraw funds as desired by tenant. I found the hard way...