Paula Reavlin
Bought with my Self Directed IRA - how do I pull the equity out to buy more?
Hi - I was wondering how one pulls equity from a property purchased with a Self DIrected IRA - It's in a LLC. I paid all cash for the property. I would love to hear from you all. Thanks!
Chingju Hu
Open LLC in my state or where the property is?
Hi bp:
So far I have two rental properties, I'm getting more this year and next year so i am seriously considering opening an LLC for better protections.
I live in CA, rental property is in TX, MO, and considering bu...
Christina Hall
Cost Seg Study SFR Short Term Rental
We are thinking of getting a cost seg study for an SFR that's a short term rental. We got an analysis from 2 different companies and savings wise it makes sense. However our CPA won't do it he says he can't stand behi...
Nick Hulme
Home Improvement vs Investment Properties
Trying to find a way to expand our real estate portfolio while also improving our own home.
My wife and I lived with family for 2 years, which allowed us to save quickly. In 2024 we bought two homes - a duplex rental ...
Patrick Chafe
Realtor and/or CPA Recommendations
Hi All,Im looking to build/strengthen my real estate team. Does anyone have any good realtor recommendations for the essex county area in Massachusetts? Also, being tax season, i am looking for a good CPA, with real e...
Casity Kao
How do I include a legal clause on split utilities?
We have a single family home with two levels and will rent out to two tenants. Gas electricity and water are all one meter. Utilities will be under our name and we will bill tenants. Lower level is 950sqft and upper l...
Alex Natanson
Capitalizing flip expenses
I'am relatively new to USA flipping business but have a strong experience in other countries with a different kind of accounting/tax systems . I have looked through the search but have not found something correspondin...
Duke Nguyen
Deposit from tenant to property management company
Hi everyone, quick question about the deposit funds from a tenant who wants to rent a of the property I owned.First time I am dealing with a property manager. She told me that she is asking for a one month rent depo...
Loren Kreider
deducting a skidsteer
I'm working on my tax return and ran into difficulty. I bought a used skid steer in 2018 for use on my rental properties, cost $6000. I have three residential rental properties in service and one I am currently renova...
Ari S.
What do you think of line of credit against cashflow properties
Hi Everyone, I'm a landlord and recently wanted to pull some cash in order to do remodeling. The problem is banks are not lending at the moment and LTVs are limited.Do you think it's a good idea to get a credit line b...