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I am new to the forum and would appreciate some outside insight.
My wife and I are in the process of buying a 4 plex apartment building. We have been landlords before (although single family) and my question is basi...
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just like the title says should I purchase homes in my personal or under entities like an LLC.
I have read if I use an LLC I will get double taxed in the USA and in Canada
Does anyone know if this is true or not I a...
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If I am currently full time employed in Illinois and fit into the 28% Tax Bracket, what taxes do I pay for my flipped property? Am I still paying 15% of capital gains or do I pay 28% on capital gains due to my current...
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Hi all, im a Graduate student looking into getting into real estate investing soon, and I have a few questions and am curious to hear what other peoples thoughts are.1. Down PaymentsHow do you guys determine what you ...
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Looking to trade in my $30k car to improve my debt to income. However, I will definitely take a loss on it as I just purchased it 2 months ago. I recently became set on being a real estate investor and have had buyers...
Hi All,
Long time follower, first time poster here. Thank you in advance for the feedback! I bought my first home in April 2021 and have been fixing it up myself/with contractor friends/other contractors. I moved in ...
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Would like to hear from you all experienceday landlords.When you are looking for a tenant what are you looking that the credit report should be?For the example if they have a late payments on a credit card, a problem ...
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My wife and I came up with this spreadsheet to track the expenses and income of each door and each property and all properties as a whole. We currently have one duplex but set up the spreadsheet so that new propertie...
What's up BP gang!?So I'm on a mission to buy a triplex or a fourplex this spring/summer(2017).My plan:- Purchase multi-unit property around mid $300,000 range utilizing FHA loan and placing 3.5% down. (possibly FHA/2...
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What does it mean to be in the housing market post COVID?
Most of us remember where we were when it became clear that COVID-19 was truly a global issue that would affect Americans. The call for shutdowns came rapidly...