This is my first time in the real estate world I somehow found myself developing raw land and building anew construction home. Still don't know what I'm exactly doing, but I'm learning quickly haha. Things feel like t...
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My brother and I “co-own” a triplex we just bought. Technically I own it, but we will be splitting all expenses, mortgage payments, rent, etc. All of the rent goes through me first because I am close to the property a...
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Hi all,
Hopefully posting in the correct place (newbie). my partner and I are looking at investing. We make 120k gross income and an additional 50k in cash tips. Couple questions:
1) Can we use cash for down payme...
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Hello,Does anyone have a referral for a HELOC that will fit my situation?I am looking to get a HELOC on my primary home in Oregon. I was in process with a lender, but they won't include my Schedule E rental income in ...
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My rental property's post-hurricane-damage repair costs (beyond insurance payout) resulted in large expense deductions and an unusually low taxable income.
The loan originator reviewed my 2019 taxes, and said that d...
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Last year I filed my taxes as single, and owned a rental that returned a loss. I was able to deduct the losses on my taxes.This year, I am married. The same property once again has a loss. If we file jointly, it seems...
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I am interested in some feedback on the best area to focus my initial real estate investing activity. My short term goal is to establish a $7,500/month income ASAP from my real estate investing in order to quit my jo...
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Hi everyone, I’m a rookie here from Northwest Florida, and I’m not sure if this is the right forum for my post, so please let me know if I should move it elsewhere. Here’s a quick summary: I’m retired but finding myse...
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Good afternoon everyone.My wife and I are U.S. citizens and own two units in a multi-family which we rent; also located in the U.S. We presently, however, have lived abroad in Spain for the past couple years and I wan...
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I am new to multi family. As both a Realtor and Investor, I want to provide the best and most accurate info to buyers and sellers as well as understand it. How do I look at an income statement that shows a negative ...