Steve R.
Resident -> Non Resident Tax implication for investment propertie
Hi,I am currently a Resident of Texas and have 3 rental properties (+ 1 primary home) in Texas and have 1 rental property in Alabama. I am neither a citizen or a green card holder. I will be moving to out of country d...
David Haynes
How important is the income for SFH rental appraisal?
All of us who BRRRR properties have probably come across this problem. Our goal is to refinance as much cash out as possible, but sometimes there's not enough data to support the appraised value that we hope for.I'm c...
Michael Rendon
Using STR Income to Qualify for Financing
Hello I was hoping to seek some guidance on a bit of a dilemma I am in, thank you for any advice! I purchased a turnkey STR 15 months ago and it has been cash flowing since month one, this was an investment mortgage. ...
Arjun K.
Persistent Rental Property Losses
I am trying to understand the implications of the IRS not-for-profit rule.
Let us assume:
- I have a group of rentals
- Each of these rentals shows losses for Tax purposes (rental income less: pro...
Johnathon Hendon
LLC Entity Debt to income ratio and itemizing taxes
Hello,I'm a fairly new investor.I recently formed a baby LLC. I currently own 2 properties under my name. (Not under my LLC)1 of them was bought with a VA loan 2 years ago that's being rented out for a positive cash ...
Jahmar Childs
Advice??
So I recently purchased a "home" in Illinois, for me and my family with the VA loan, and I am renting it out until I finish my service which is 1 1/2 years in Salt Lake City, UT. By the end of the year I would like t...
Stephen Douglas
Hello, New Member here.
My name is Stephen Douglas, I bought my first property June 28th 2017 with the VA loan, I am currently house hacking out of that. I am originally from Massachusetts. I still work in Cambridge as a Operations Manager f...
Patrick Fitzgerald
How would you invest my money?
Hey all,
Long time lurker here, ready to invest in some rental properties. Im interested in hearing how you would invest in my situation.
Me: 300k to invest, 18k a month w2 income, 780 credit score, and No Per...
Chris Wunder
Starting a New LLC and Tax Implications
I currently own a rental property in the Kansas City metro area and am in the process of transferring the deed to an LLC I have created. I am not sure how this will directly impact my personal taxes but would love to ...
Pete Woelfel
Turning away applicants
Hi All,
I'm currently marketing a property with a vacancy in Milwaukee and ran into something that I'm sure is routine for many of you but is actually a first time for me. I'm asking interested parties to complete a...