Hi All,Will be buying a property soon. I can choose to get a conventional in my name (best rates), or a DSCR in my LLC's name (slightly higher rate and prepayment penalty). Currently leaning toward getting it in my na...
Just generally speaking how much in taxes would someone living in houston, tx have to pay uncle sam if they have about 100 million usd deposited in a chase bank account even if its not for the purpose of accruing inte...
Hello!My husband and I are in the process of launching our first STR in Savannah, GA. I have a couple initial LLC and tax related questions.1) The house was our primary residence, and was bought under my husband's nam...
Tax Advice - I have a duplex that I live in (house hacking) and we are in the process of renovating it still so we haven't had a tenant in it yet. Are there any advantages when filing for taxes or disadvantages? Or an...
Just wanted to brain storm a deterrent for paying rent late. I know we all have to deal with this from time to time.
Some charge a fixed late fee after a grace period; Some charge a per day late fee;
H...
Getting credit back on track slowly. Really want to start now. I need advice, direction and funding. I am motivated and I have the time. I want to stop working as a server in restaurants, putting my time in for someo...
Hi, quick question about selling a rental property for less than it's worth and tax implications.I purchased a rental property on 9/1/2022 for $40k, paid $4k in closing costs, and over the course of 2023 paid around $...
For anyone utilizing arbitrage in San Diego..What are your homeowners doing for insurance? I am arbitraging an older property that Proper would not cover. I found C-Biz, one of the only providers that would write a po...
I found a thread about this, but that was 5 years ago. We are looking to purchase a small 2bd/1ba home in the heart of Winston-Salem. Plan is to rent it out either as a MTR/STR. Does anyone currently have one in the a...
Hi everyone,I have a quick question, wondering if anyone could help someone out for International Women's Day! I have a friend who is a single mom and is singlehandedly raising her child, without any physical support ...