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Summary: I am 23 year old with a full-time job who wants to be in real estate. Stuck in my 9-5 at the moment and looking for ways out. Any options, recommendations, or guidance helps. Hi all, I am a 23 year old in the...
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Hey there! I own a triplex and I also work a full time job as a W2 employee. Due to the new tax law, my tax man says I should become an S Corp asap. This is based on my typical deductions every year - regardless of m...
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A key component of my real estate strategy involved cost seg studies, claiming REPs and accelerated depreciation to shelter a large amount of active income. However, I've been speaking with a couple companies and gett...
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I bought a rental (Town Home) back in 2004 & have been taking a depreciation so that I could get a bigger tax return. The CPA that did my taxes this year advised me that I shouldn't be taking a depreciation if I ...
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Does anyone here use PropStream software? or know anything about it?
I'd love to get some feedback about it.
Thanks in advance,
Teri
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Ok. Finally took the first leap on REI, been reading and searching and paying attention to everything under the sun. Afraid to be the guy that regrets never making the move later in life. Found a Mentor, local frie...
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Question: How can I invest as a NEW 1099 employee (Ex. independent insurance agent commission only)? My last two years of taxes are from a different W2 job. How can I prove to the bank I can afford a property? I would...
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Hello, I'm planning on buying a house in New Hampshire or Vermont. If you own in the New England area, what other damage coverage do you cover for besides flood damage? What do you pay for your insurance annually?
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Hey! How do I go about choosing which lender to go with when it comes to real estate investing? Buy and hold BRRR is the strategy I am going with. I have $10k saved up at the moment and I have good credit.
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Hello Folks,
I'm Looking to purchase my first Rental Property in Kankakee area. I had a Conversation with one Local property Management Company looks like i don't have much options.
1.asking me to have General ...