I'm just getting started with property investing and want to purchase a multifamily home and househack. If I was to borrow money from my parents for a $100k down payment, how would I draw up a contract or record taxes...
Just bought my first rental property out of state and started my LLC. Looking for a CPA or Tax Advisor in my area that can help with real estate taxes. Any recommendations for one in the Hampton Roads Virginia area?
If you haven't already, you should be receiving your property taxes soon. I thought it would be a good time to hand out some pointers we often advise to clients on this:1. Understand Your Assessment: Review your prop...
I'm interested in utilizing the BRRRR strategy in these markets. What are the downsides, and are they enough that they should dissuade me from trying? "PS, one last example. There is a profound difference between K...
In your experience, could one possibly hit the $24,000 monthly net-after-tax rental income mark in ten years time if: (1) they had $120,000 at their disposal every single year to invest for the next 10 years; (2) they...
So, I'm looking for a STR for an upcoming weekend, and I really don't think I have noticed this before - to this extent. Fees are way up. The nightly rates are fine, but when you look at the total, everyone is adding ...
Everyone thinks they know the best places to invest, Ca, the south east, Cincinnati, your back yard...But, there is NO city that I hear more contention on than the city of Chicago. The third coast has ample opportunit...
Hello Fellow Investors,I'm a newbie. Do you have any tips and guidance for House Hacking Tax if I rent out a basement and the master bedroom in a 3bd/3ba house. What can you deduct if you rent out 50% of your house. T...
I recently decided to diversify my portfolio and explore real estate. My first buy was 'Financial Freedom' by Michael Blank, which introduced me to the concept of multifamily real estate and raising funds. Who knew? I...
We have an opportunity to refinance our home and cash out enough to pay off one of our rentals. By doing this we will lower our monthly payment by 450/mo OR if we make the same payments we can reduce our total cost o...