So the new tax plan was finally unveiled and I noticed it curtails deductions for business interest, but there are "special rules" for real estate and small business. Can anyone confirm....are we still going to be a...
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Have a dumb question to all the real estate investors who rent out their home/apartments AND are making profits from your property: what are your success factor(s)?
I have a rental apartment in New York that can get ...
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Hey guys,
we are BAH (buy-and-hold) property owners that just separated our business account from personal.
To efficiently operate rentals, what business accounts would you recommend to have? Would you recommend:
-a s...
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Hello - I'm looking to start my short term rental business and am considering buying a property in Ocean City MD. It's a 2 bed 2 bath condo, beach front in midtown. In doing some 3rd Party research through sites like ...
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Full Disclosure - I am a lender myself, however I am curious -What do you all look for in a lender when going to finance an STR? What attributes are most important to you? What have been your biggest pain points while...
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Hello everybody, I am a hungry beginner in the Real Estate industry from #Chicago and I am seeking to learn and connect with people in Chicago who are skilled and experienced in their respective fields (such as Agents...
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I am curious: is anybody here who self manages their property but registered a property management company for it? I am considering creating one, not in order to get other clients, but for two reasons:1. easier to tel...
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I know I will have to talk to someone who specializes in self-directed IRAs, but thought I'd float this question on BP first.Would I be able to use my self-directed IRA to loan money to my girlfriend, to purchase a d...
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Hi everyone, question about State tax returns. I live in New York, and have bought properties in Arkansas, Alabama, and Missouri this year. Do I have to file something for each state even though My schedule E will sho...
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Hello everyone!First ever post :)I'm super excited to be closing on my first rental property on Monday and wanted some advice to prepare and start this new chapter as a landlord. Looking for some feedback or advice on...