Miranda M.
Operating LLC but home under my name
Can I create an "operating LLC," keep the house in my personal name AND still be protected? I ask because I just purchased a property in Austin, TX. In TX, we don't pay income tax. We pay property tax. To protect home...
Patrick M.
Home purchased as primary residence but never lived in
We purchased a home last year that we were planning to rehab completely and then move into. The rehab happened, but the move in did not because my wife was transferred to another city. We've been in a rental throughou...
Devan R.
2 Rental Homes & Commercial Lot Deal
There is an opportunity to buy 2 homes and 2 commercial lots in the hometown I grew up in North Florida. The couples that owned this property are both deceased however their son was left with the property. He hasn't p...
Joshua Farren
How to get financing for BRRR for 1099 (self-employed)
Sorry if this question has been asked but I couldn't find a clear answer in what I've read. I have enough to buy and rehab my first house but I am worried about getting the financing when I'm done. I have a lot of wri...
Diana Tian
where to get pre-foreclosure owner's list?
Hi, does anyone know the best way to get a list of borrowers struggling/past due/delinquent with their mortgage in New Jersey? Are there vendors selling lists. Also, I remember someone saying that the city tax or Cla...
Wilson L.
Tax planning renting out rooms in a owner-occupied house
I looked over all the IRS rules regarding rental income in an owner-occupied house. After looking at everything, this is the plan I've come up with. Any pointers/tips/suggestions would be helpful.3bdrm/2ba house wit...
Marc Maser
Great Opportunity any Creative Down Payment Ideas??
Have an opportunity to buy a mixed use building in the village square from private owners. We bought our business building from them last year and they are good family friends. Building has three large commercial st...
Eric Lin
Cost Segregation algorithm
Purchased a multifamily, would like to do Bonus Depreciation.I am stuck at the Cost SegregationI see lots of people do 20-30% of house value(without land)example: purchase price $100k, land $20k, other value $80k.if ...
Joshua Schmidt
The Book on Advanced Tax Strategies
I am so excited about The Book on Advanced Tax Strategies. I pre-ordered a few weeks ago, and to my understanding, it comes out today. Does anyone know how long it usually takes to get access once it is released? ...
Mano G.
LLC to manage rental properties
We recently took over managing our properties on our own. My husband and I created an LLC to manage the units. The purpose of the LLC is to separate the income and expenses from the rentals from our personal expenses....