Derek Morrison
Rental income applied to mortgage?
I'm looking to buy my first multifamily property. I'm curious if any lenders or experienced investors could speak to how the rental income from the target property affects the mortgage I could receive. For example, if...
Robin Searle
Short term rentals being assessed as commercial property
I'm curious if any other counties are looking at changing the assessment of residential short term rentals to commercial for the purposes of property tax like El Paso County (Colorado Springs) is? This idea was recen...
Steve Wright
Repairs & Maintenance Deduction on First Rental?
Hello! Last October I moved from my former home and am now renting it out (to my daughter and her boyfriend). I understand that I can deduct repairs and maintenance, though not improvements. My question is, does th...
Syed Rizvi
Tax Efficient Way to Cash Out of Stocks to Purchase Property
Hi BPer's,I'd like to convert some of my stock and bond holdings to cash and then purchase an owner-occupied investment property with those funds (using the FHA loan, probably less than 10% down payment). I have held ...
Erik Kubec
Solo 401k Equity Trust Company, Single member LLC: 1099 income not eligible?
Hello folks,I have had a Self Directed IRA at Equity Trust Company for a couple of years and highly recommend the company.As part of our retirement plan, my wife and acquired 4 investment properties as follows: 3 SFR...
Paul Talbot
Woodlands/ Spring Texas short term rentals
Are there anyone from the Woodlands/Spring area on bigger pockets. What is the process of getting approved to shot term rentals in this area. Thanks for the info only been listening to the podcast for a little over 6 ...
John McCandless
Just bought investment property; need passive income; have cash
Hi there. I am totally new to real estate investing. I was fortunate enough to come into some $ due the sale of a house in the Silicon Valley, and I used some of the proceeds to buy a beach house which I plan to rent ...
Nori Sandoval
Best Way to Start Short Term Renting With an LLC ?
My husband and I would like to start doing Short Term and/or Mid Term Rentals. Could it be possible to open an LLC, and put some of the down payment with a business credit card? We have savings, but my husband is very...
Kevin Wheeler
How often should you 1031
I'm new, but it seems to me that in general Real Estate doesn't make much sense without loans. It seems that by using your cash as a down payment on a loan, you are able to get a bigger property with better cash flow,...
Billy Raz
Transfering Rental Properties to an LLC to Free-Up FNMA Financing
Howdy –I have 1 rental in Dallas, and 9 rentals in AZ. All of the properties have FNMA financing and therefore, I’ve maxed out the 10 financed properties with FNMA. I would like to continue obtaining FNMA financing, ...