Phoenix Ocionna
voluntarily paying more tax(!) for a cashout refi, cannot get guidance
Have the following : a primary res in NYC valued at 800k,2 investment 3 fams in New Haven, CT each valued at 150k cashflowing 15k each per year, and an investment condo in Baltimore, MD valued at 100k cashflowing 10...
Michael Lauther
Does it make sense to use leverage in a Self-Directed IRA
Given the UBIT assessed by IRS when if ever does it make financial sense to use leverage to increase the return on rental property?
Using this leverage will give investors using their IRA the ability to participate ...
Keri Mateir
Is it a scam ?
ok,
I visited a house on foreclosure and left a note. The owner called back and told me someone else is buying the house and only that person will buy the house.
I told the owner that I just need your approval so I ca...
Arcinio Arauz
To Quitclaim or not to...that is the question
Many of us here on BP pretty much know the various types of deeds... Warranty Deed, Grant Deed (California), Deed of trust, Quitclaim ect. We also know some the differences between them. So my question is when would w...
Dawn Heimann
Series LLC or Just LLC's? / Local CPA who invests in RE?
Hi, we currently live in Georgetown, TX which is just north of Austin. We are going to be purchasing our first home in Indiana this April. We want to start it out right. For the first quite a few homes, I see us just ...
Kelly Conrad
Re-titling from personal to LLC, who's done it?
I chatted with someone who talked about how they moved the title from them to their LLC, and while reading about some of the options, I was curious if anyone here has done it. I looked at the warranty deed vs quitclai...
JC Conchas
Solo 401K for real estate purchase
Hi everyone,I'm leaning towards opening a solo 401k vs a SDIRA, for buying and holding multifamily properties. But I have a question that I would like answered before I can make a final decision.My question is, I unde...
Account Closed
Converting Primary Residence into Rental
Hello,
My husband and I have wanted to invest in real estate for years now and recently made the decision to purchase a new home while converting our primary residence into a rental. Since we are both 100% disabled v...
Lindsey Vargas
Charging for pets each year ??
I inherited dream tenants and it is time to renew their lease. On their original lease, it states they will be charged $200 pet fee for EACH pet at the renewal of the lease. (They have 2 dogs) Does this seem steep? I ...
Rochelle Duong
Newbie interested in out-of-state Investing
Hello there!I'm currently looking to get my foot in the door regarding investing out of state. I currently live in a very expensive market (Los Angeles, CA), and recently just paid off all my student loans, have a sta...