Mark J.
Create an LLC for Managing My Properties?
{LONG POST WARNING}I've researched this topic in a dozen other BP posts-- but I could use some additional input from the experiences and opinions of seasoned investors.(And please, no "consult with an attorney" respon...
Susie S.
Who can help me, a newbie find a deal in positive cash flow properties?
I'm a newbie, trying to find a positive cash flow properties with only $30,000 down.
My goal is to have a passive income, holding long term, without the hassle of managing. Any input or deals from real estate agents o...
Kyle Meyers
Appraisal Fee Deduction
I am getting a cash out refinance mortgage on one of my rentals and will be using the cash to rehab another property to rent out. As I understand it, the appraisal fee and some other closing costs are not immediately ...
David Roberts
Questions after reading around the site...
Hi Guys,By the way, I'd love to connect with everybody from my area, so add me if interested (Detroit Metro Michigan).So I read through the 8 chapters on the site, and have some questions, that probably have been answ...
Andrew P.
Tax Deduction Question for New Windows
I recently decided to replace many of my windows in one of my multi-unit properties and I went with the contractor's loan company (AquaFinance) to pay for the windows. All in all, I spent 12k on the windows with a 9% ...
Jeremy G.
Good deal or am I missing something?
looking into getting a dscr loan 80% ltv.$120k down paymentDebt service PITI will be $4600/mo Gross rents $11000/moratio of 2.39My credit is 750 Unless im missing something, i should be able to get a DSCR mortgage on...
Lesley Ray
Tree Removal - Insurance or other ideas for coverage?
I have a rotting tree at one of my properties in Cleveland, OH and need to have it removed. Some of the branches got blown off during the last storm in December, but otherwise it is still upright. The neighbors have a...
Adam Berlinberg
Newbie tax benefits question
I’m new into the world of real estate and close to getting my first rental property. I’m still confused on tax benefits and looking for some assistance. I’m a high earning W2 household ($400k), and I also have around ...
Andrew Herrig
CapEx on Rentals - Eating Up All Cashflow?
I've got a handful of singe family rental properties that I mostly completely renovated when I bought them, but I am starting to look at what I should be setting aside for capital expenditures and am pretty blown away...
Matt M.
If I live-in my triplex, do I have to pay taxes on rental income earned?
To my understanding, actually living in the premises, especially being a 3-home or less, will put you into a different mortgage bracket, tax bracket, etc...
Do I need to claim my rental incomes and then pay taxes on ...