Hi BP, So a friend and I are ready to pull the trigger on something. We are looking in the range of no more than $650k and are looking to find a solid first joint investment. We are currently in DC at the moment and a...
Hi,Any tax guru can help me out on this question:I want to pay my kids for working for me...but don't really know the pros/cons between W2 - payroll vs Issue 1099?Thanks in advance for your help.
Hello everyone - wanted some help fleshing out my thoughts on this deal analysis for a fourplex in Utah. I'd be owner occupying one of the four units and using an FHA 3.5% down loan. Also, I may have the option to get...
I'm considering a house hacking strategy in the greater Houston area, ideally within a 30-minute drive of Rice University (including Fort Bend County). Here are my questions:
Is house hacking still a smart financial ...
Hello all, My wife and I are considering several cities to invest in short term rentals. We are looking at areas where we would also enjoy to take our family yearly. Can you provide some insight on Asheville NC?Is Ash...
A tenant asked if another roommate could come live with her. She lives by herself now in a 2 bed, one bath, so there is room for them both. I explained that they would be added to the lease and must pass all other bac...
I'm Josh Russell from the Syracuse, NY area (Camden). I am going to get into real estate investing in the next few years. I think the end game for me is to own several hundred rental units, in the form of several larg...
I have interest in a 40 unit LIHTC apartment complexes. It was built in 1999 and is past the initial 15 year period. The agreement they have in place is Low Income- all 40 units must rent to tenants with income 60 pe...
Hello,
Well I know in a way I should really not listen to the critics. Recently I have told a friend of mine that has 5 homes under his belt as investments, that I wanted to get into investing. He has gotten to the...
My day job is a photographer and cinematographer, I have an LLC for that work that files taxes as an S-Corp. I generally pay myself a reasonable W2 salary (about half of Business income) but 2020 was a bit different....