Have borrowed money from a friend to start a company. Don't have the funds yet to start paying him back, My question,, How can I pay him with my own money, and then reimburse myself back when able through the LLC.
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Has anyone owned a MHP when all the homes are owned by two other investors as rentals?
General info: 40 pads. 36 homes in place. 0 owned by park. 19 owned by investor A and 17 owned by investor B. Investors A and B ...
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Investment Info:
Single-family residence buy & hold investment.
This is the first buy and hold property in my real estate portfolio. Though this property is only a 2 hour drive from my main residence, I'...
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Hey BP! I hope everyone had a great weekend. Here is the situation. I was contacted by a seller from my direct mail campaign. He has a house listed at 69.9K since March. He also has 4 other properties that he's willin...
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Hello Everyone!I'm new to bigger pockets and new to real estate investing. I previously had a real estate license in Arizona, but now I'm ready to get involved in investing. I'm looking for rentals (Single Family / Mu...
3-Flat 2bd Apt, 2bd Apt, and 5bd 2 kitchen (I live in master bedroom) lease rooms separately 1yr at time, $40K income everyone has access to common area of main unit like a boarding house. Want to 1031 Exchange with ...
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I know there are some land contracts where payments are treated as rent, and others where payments count towards the balance on a note.Most of the time when a buyer resells the house before the full term is up, is he ...
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If you’re house hacking(living in a room, renting out the others), how best should you think about treating your property and rental income/expenses in relationship to your taxes?
* My tax preparer is not knowledgeab...
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So the property I bought had previous termite damage and we are having it repaired and treated however. The pest company says for termites it will be 995 start fee and then 22 dollars a month. Pesticides are 70 start ...
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I have been using a HELOC (8.3% interest rate) for Mortgage notes to make 10-12%. If am lending personally am I able to write off taxes from the interest from the HELOC, or would I only be able to do that with an LLC ...