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Results (10000)
Monty Lopez Converting a property to a rental
25 July 2021 | 8 replies

Hello everyone,Stupid question.Newbie here, I think I got myself in a pickle. I currently have my first home cosigned with a parent. Its a detached 3 bed 2 bath bungalow in Calgary, Alberta. Long story short: they liv...

Ryan Rossi Options for getting out of my live-in-flip!
24 April 2019 | 9 replies

So I bought a live-in-flip in January in San Antonio, Texas. I will be done by the end of April and ready to put it on the market. I am looking for some opinions on what my ways forward are.  Here is my scenario. I ha...

Matt Tobin How does Hard Money work
27 July 2016 | 5 replies

How does hard money work ? Or would a bridge loan work better ? Or are they both the same thing - please help a new guy out

Thanks
Matt

Cornelius Mixon [Calc Review] Help me analyze this deal
25 December 2018 | 8 replies

View report*This link comes directly from our calculators, based on information input by the member who posted.I'm active duty military looking to purchase my first duplex. I plan on living in one uni...

Murali Venkatraman Notes investing pros and cons
31 May 2017 | 8 replies

I am interested in connecting with like minded people who have invested in mortgage notes (both performing and non-performing) and their thoughts around it. I have invested around 10 notes now. I invest in smaller not...

Quandra Adams Verifying Waitress/Server Income
6 December 2019 | 4 replies

Do any of you ever require any supplemental information from servers or waitresses to corroborate their income? If so, what else do you ask for? Tax statements?  I know servers can do pretty well making tips however I...

Andrew K. LLC In Ohio, Live In CA
26 September 2018 | 5 replies

I’ll be doing my first BRRRR rental in Ohio and I live in California.
If I create an LLC in Ohio, what types of fees are involved? Do I need to pay CA their minimum $800/year LLC fee if I register it as an Ohio LLC.....

Jonathan Santiago Tax Question: Capital Gains or Ordinary Income?
14 June 2020 | 22 replies

I just watched a video online of someone explaining why he would never flip a house. He basically said the reason is because if you flip a house it is considered ordinary income tax + self-employment tax which ends up...

Matt Kvalheim Multifamily Under Contract - Potential Property Tax Increase?
15 October 2015 | 8 replies

Hello everyone, this is my question for the community.I have a multifamily property under contract and I am in the due diligence phase.  This is my first deal larger than a 4-unit property (this one is 26 units) and I...

Akhtar Nasser Personal and rental tax separation question
17 August 2017 | 5 replies

I bought a 2 family house and live in one of the rentals. Renters pay own utilities minus water and sewer. I created a security deposit and a personal account dentoted as a rental income checking account. My next move...