Shane X.
Need too be pointed the correct way
Hello everyone,
My name is Shane and I have had an intrest in real estate for quite sometime now. I'm 22 years old from new York. I can't seem to find the right book to help me get started so I found this website in ...
Leo Merchant
First time homebuyer
I am a 20 year old with big dreams, and have a few questions. In Canada and we have a first time homebuyers program from the government, where if you are a first time home buyer you can put down 5% on a property up to...
Troy Burgett
Active vs. Passive Income for Rentals
In the realm of real estate investing, the IRS sets guidelines to differentiate between active and passive participation for tax purposes. Understanding these rules is crucial as they impact how investors can deduct l...
Michael Plaks
Sch C reporting of installment sales for residential lot dealers
I usually answer, but now is my turn to ask.Dealers of residential lots are allowed to use installment sale method. If said dealer operates as an S-corp or partnership - reporting is fairly straightforward. But what i...
Account Closed
DTI after lease agreement from an LLC?
If I have a property that my spouse owns ( I am not on the deed), am I able to lease that property under an LLC that is owned by my holding company? LLC would conduct STR out of the property. For qualifying for future...
Nguyen Nguyen
Help with refinancing for a BRRR
Hi folks,I am in contract for a home to do my first BRRR. I am paying all cash since we weren't able to qualify for a conventional loan. DTI is too high since I have 2 mortgages right now. My income is decent.So my co...
Jasmine Claye
Help to understand cash flow
what is considered a good return on a rental investment?
I am considering a deal but not sure if the numbers are decent to even bother.
Purchase price: $50K
Yearly rental income: 15K
Yearly ...
Dustin Robideau
Any Lenders Count Income Earned From Primary Residence?
Hi BP,Looking for some financing advice as I find myself in a terrific cashflow position that lenders should love loaning to but on paper I'm falling short. The primary factor for both circumstances is that I rent out...
Thiag Sivalingam
Cost Segregation study?
Looking for advice - Does it make sense to do a cost segregation study on a property (and claim accelerated bonus depreciation) I bought this year considering the following? why/why not?
(I understand that I need t...
Jared THomas
Newbie (ish) from Chambersburg, PA
I am sort of a newbie. I have done a few deals, mostly buy and hold residential, but I have been disconnected for the last several years. I have always been passionate about real estate, but I have spent the last ye...