My husband and I would like to start doing Short Term and/or Mid Term Rentals. Could it be possible to open an LLC, and put some of the down payment with a business credit card? We have savings, but my husband is very...
Hi everyone, I’m looking to buy my first house hack in the Denver area. I’m hoping to buy a home around 500K with 5 bedrooms and renting every room while sleeping in a trailer. Currently a mortgage would be around 350...
https://www.kbkg.com/news/kbkg-tax-insight-tax-reform-changes-to-qualified-improvement-propertyAnyone who purchase a new building this year not they should do thisAnyone do it in 2018?MORE:Starting in 2018, there is a...
I recently listed one of my rentals about a week ago. I’ve recieved 26 applications so I know my price is right. The reason I have not chosen someone is because the previous tenant really left my property in bad shape...
Is there any way that STR rental income can be considered "active" from a tax standpoint? I spent a lot of my time working on renovations myself, and manage it myself, but I have not manually tracked the time investe...
I talked to an attorney who looked over my current situation (1 LLC) and recommended instead of having one LLC holding 15+ properties to divide them among smaller LLCs that contain fewer properties to separate them i...
Hi all,Last year I bought a 2/2 SFH in a suburb of LA (ventura county) fully intending to use it as a primary home. 30 year fixed @ 5.375%. Recent developments in my career lead me to have to move about 2 hours away. ...
Attended my first real estate investment group meeting here in Augusta, GA. The Art of Real Estate (AORE). It very exciting see and meeting liked mined people in this business. I know I am in the right place when peop...
My tenants gave me a 2 month notice that they will be moving out at the end of May and I noticed that the advertised rents are higher in my neighborhood however I would like to do some renovations before the next tena...
Like many others in the Bay Area we were lucky enough to buy a home at a good time and capitalize on the increase in prices over the past few years. However with thoughts that this bubble may burst in the near future...