Hi Experts,  I am a newbie to the game and have no clue what I'm doing.  Anyway, here goes:I purchased my first house back in 2002 and refinanced it in 2013.  The mortgage balance is $77k and the monthly payment is $8...

I'm considering investing with a partner.  Here's the plan:Since we each own our own single proprietor LLC (let's call them LLCDave and LLCJoe), we are planning on creating a new LLC (123 Main LLC) for the purchase of...

I found a property near my home that is in a decent area. I live in an area where cash flow is fairly easy to come by but appreciation is low. The deal consists of two buildings on one parcel of land: a triplex and ...

Current Situation: My wife and I have been slowly getting into REI over the last 4 years. We currently have 5 SFH long-term rentals and a short term rental.Up until 2022 we both had W2 jobs, but we just had our first ...

Hello, my husband and I wanted to get into real estate, so we bought another home and decided to Airbnb our current home in Texas. I have questions about how to best proceed financially for tax purposes. We set up a s...

I am wanting to form a LLC, I do not feel the need to pay a lawyer with all of the info available on the internet today - but much of it is not reliable and I have not found a definitive resource with this info clearl...

Let’s talk about taxes. If you are already groaning, you are going to want to read this. The trick with taxes is creating a strategy a year ahead, executing your plan during the year, and reaping the benefits the foll...

Hello, I have a family member who makes a significant amount of money a year and he hates paying taxes. He just got a very large check in which 50% is likely going to go to taxes. Would it make sense for him to start ...

Hello I am still new too investing, no deals. I am 22 and about to start a new job with 50% 401k match up to 6%. So I am able to gain “free money” but don’t know if I want to allocate that much money into the 401K whe...

I set up a parent LLC (not a series) for my properties (each have a LLC). I have a separate acct for each door. Each account has a checking and savings. the savings is for deposit escrow. If I move my rental income to...