Steve Sebree
Help! >$150k Income vs. Suspended Loss vs. REI Tax Breaks
My wife and I have just purchased our first investment property and are searching help on various strategies we can take advantage of. We've not yet decided whether the property will be a fix-and-flip or a buy-and-hol...
Sheik H.
Partnerting
HI all,I'd like to get some feedback of partnership strategies.I have been buying for cash for my own portfolio and I now have some folks interested in partnering on deals with me.Since i have to move fast when I find...
Brandon Callahan
Refinancing a seller financed deal
Suppose you get a seller to agree to seller financing, and part of the reason the seller agrees is because the seller wants the tax advantages of not getting all the sale proceeds all at once. Now suppose you want to ...
Account Closed
Need help getting my buyer a new loan
I sold a house on a wrap to a man that has a 630 credit score. He wants his payment to be lower. His wife makes the money but can't be on the deed due to some personal reasons. They would like to refi with a better lo...
Kumi Alderman
Keep renting or Sell in 2015?
My CPA is telling me we should sell our rental house which We used to live while we have a benefit for TAX FREE term. We lived 5 years and start renting 2 1/2 years ago. I am thinking to keep renting or sell 2015? Is ...
Jonathan B.
Buying a property with a friend - Structure (?)
Hi,friend of mine wants to buy a property together,Split is a combination of debt & equity,I have a family partnership which i would like to hold the property under and avoid the extra annual fees related to anoth...
Laith Faouri
1st BRRRR Strategy That Started By Accident
Investment Info:
Single-family residence buy & hold investment in Coolbaugh Township.
Purchase price: $55,000
Cash invested: $20,000
Privacy and Pride of Ownership! LOW Taxes. Entire home interio...
Ryan McCook
Using someone's credit for a conventioal loan - advice needed
Ok, here's the scenario. I am married, and file my taxes jointly, but am the sole income earner. I have 9 rental properties all 30 year fixed conventional loans. My wife is not a signer on the loans, but on title of t...
Jessica Seppo
Schedule E: Married file jointly
Hi All!Question about LLC’s taxes. My husband and I have a Single member LLC in MI which is not a community property state. We file jointly and are both listed on the Schedule E for our properties. Is this the best wa...
Nicholas Field
Have fidelity IRA, want to change to a self directed. need advice
Hi, I currently have a fidelity IRA (2 different ones actually) and I'm looking to buy an investment property and would like to use my IRA money. I understand I can move my money into a self directed IRA and use those...