Zhi Li
OOS investors, does your rental income get double taxed?
Hi all,I am a newbie investor living in CA and I am just about to close my first rental purchase in IL. But, my CPA told me that since I live in CA and the rent is coming from IL, the rental income will be double taxe...
Derek Petersen
How You Do Anything is How You Do Everything
Powerful Words
Martha Beck is credited with coining the quote “How you do anything, is how you do everything”. The saying "How you do anything, is how you do everything" encapsulates a profound truth about human beha...
Cheree Harris
Tax Question for Rentals
Applied and was approved for a guidance line of credit in my personal name before starting a real estate business with another party. Closing on the home next week but payments will be made to lender from company acco...
Patrice Baker
As-is farbar contract
Is this contract good for starting out? It's pretty long. Would you recommend using a shorter version?
Eric Lee
Mortgage can't be sold on secondary market - issue?
My partners and I recently got a multi-family house under contract. During the due diligence phase we discovered a local ordinance on the parcel which states a multi-family property could not be rebuilt if destroyed....
Dean Muriby
Google AdWords Express vs Google AdWords
Which one would you pick for attracting seller leads ?I been running an AdWords Express campaign with a higher end budget. It has been quite disappointing with low quality leads. Not to mention the lack of Analytics...
Karen Lee
Exit Strategy for IRA Owned Property?
A few years ago, I went self-directed on my IRA and purchased investment property with it. So far so good. But, what can I expect when I reach retirement age? Will the IRS want to review my records, purchase history, ...
Jim Macedon
Question About DTI Ratio
I have a condo development project I'm trying to get financed in the Austin, TX area. I'm running into two problems. The first is that the two banks I've talked to so far are looking at my own personal finances for ...
Diana Villalon
[Calc Review] Help me analyze this deal - Riverside CA
View reportSo, i know the numbers don't really make a lot of sense, it's CA... :( but I"m wondering if it's worth putting in an offer to get my feet wet. I am low balling this one, as they are asking for almost 60k mo...
Chris C.
Commercial Property Refinancing
My wife and I spent 3 years looking for the right deal. Through proper planning we were able to close on our first mixed use commercial property. The property is vacant and in need of renovations (all of which is ac...