Hello and thank you. I am moving from Michigan to Chicago and will be renting out my house in Michigan. I was wondering which state I should file the LLC in. Along with that does it matter where I set up the business ...
I'd like to get some opinions on a condo deal, which I know few of you recommend. I'm active duty military stationed in Norfolk with plans to move back to the west coast in about a year and a half, which is why I'd li...
Looking for some input from investors with 1031 experience.
I know that free advice is worth what you pay for it. So with that disclaimer and the knowledge that I have a QI and and a CPA. I would love to get some ...
Just wanted to say hi and introduce myself. I live and work in San Francisco. I do not own a home. If i wasn't living in our family trust home I wouldn't have any money for investing. My friend ask me if I knew ab...
Good morning BP,I want to rant a tad and then ask some advice.I'll make the rant quick. Why did I ever invest in a 401k. They suck! Worst of all my employer doesn't match a dime.... /End of rant. 😀Ok seriously now. I ...
Question: Can a partner, using their own personal funds, who is on title as tenants in common with a partner that used SDIRA money to fund a rental property, manage and maintain the property for a fee? (Partner is lic...
I need help understanding real estate taxe benefits
Here is an example
purchase price 550k
down payment 55k (owner occupied) 10%
interest rate: 3%
amortization: 25years
monthly payment - 2415.19
1250$ a month t...
Hi, I do my own bookkeeping and am trying to figure out the proper way to book a refinance on an investment property.The refinance was a zero-cost refi with a huge credit of -0.75 points (on a $1.6M loan). This covere...
Hello!I'm buying a rental property in Memphis and it is a turn-key property. The purchase price is higher than the appraised value. Is there a lender who will lend me 75% of the purchase price and not give me a loan b...
Hello, I just finished reading "HOLD" for rental property investing. It was mentioned that there is a specific software by Quicken used for rental property and personal finance accounting. I'm in the process of putti...