Have any of you done a cost seg. study on an STR? We recently purchased a large cabin in the Smokies that I'm interested in having a cost seg study completed on. If we do a cost seg, are we able to count depreciation ...
Hi GuysI wanted to run this idea of a house hack on the forum as I think it’s a no-brainer idea but my wife thinks I am crazy and opposed to moving and living with folks.Here is my situation. I currently rent a 3/1 co...
Hi everyone. Are 401K solo contributions limited to the amount of income made in the single member LLC? Example. Let's say I made $1,000,000 on a W2 job and made $10K on a single member LLC. Could I put $50K in ...
Obviously every property is a different situation that needs to be evaluated but I'd like to find out why it seems most people prefer to take a home down to the studs and renovate versus completely tearing down the pr...
I may be getting a potential 8 unit apartment with a basement. It's currently empty but I'm curious to see what people here would do with it. There is a provision for an extra power meter to be added. Building is n...
A happy Saturday afternoon to you all!I've got two short questions for you(1) Is it more profitable/smart to include utilities in the rent or make the tenants pay utilities and have a slightly lower rent? I know the a...
I'm still learning the ins & outs of real estate investing and excited to get in to my first deal. I plan to use the equity I've built up in my primary residence to finance the deal. Now all I need is the deal! ...
I have my own house and one rental property. I can't qualify to get another mortgage on my own so I need a cosigner. Problem is none of my family is in a position to help. Here's what I was thinking as an incentive...
I have a client seeking an owner occupied short term mortgage (12 months) that doesn't require a min credit score. The husband's score is around 475-500 and the wife's is around 550. The husband was ill and they fel...
I am in my fifties and have some $$ available in an IRA. In the process of shifting some money into an SDI to diversify and have passive income as part of my retirement strategy. I already have 2 single home rental ...