David Rutledge
Financing for Australian trying to invest in US
Hi Everyone,I am pretty new to the RE investment game. I actually just purchased my first two buy and hold properties over the summer. I live in the US but I am originally from Australia.My sister works as a nurse in ...
Baha El Far
help me with a smart decision ( short term rental VS long term)
All,I hope you are doing great.I have an apartment 2bed/1 bath that I own and I am not sure if I should rent it out as a short-term rental/airbnb or long term. I heard the tax rates for short-term rentals are higher a...
Mike Carroll
Short term vacation rental; do I need an LLC?
I am gearing up for my first summer with my brand new beach house and was wondering if an LLC was necessary/suggested? My question derives from a place of keeping things simple from a business stand point. So wouldn't...
Ian Goff
BRRR, single family, or multifamily analysis
Hey bp forums, first time posting on here and I need some advice. I have four different options to use as my first real estate investment. 1. I have a duplex I can get for 200,000 with a 400 cash flow/month(after livi...
Michael Coritz
What is the proper type of bank account to run my rental through?
Hey everyone - new investor with some basic questions. I know this probably sounds pretty elementary, thanks anyways!
I have one rental property that was purchased with a VA loan and was my primary residence for 15 m...
Nicholas Sambrick
Hard Money Lenders for Primary Residence
I have a property under contract but I am afraid my debt to income may be too high. I am self employed and recently just bought another property. My first year of tax returns shows a very low income but I am projected...
Chris A.
Cost Segregation Study 481(a) deduction creating a loss
So I am thinking of doing a cost segregation study which will create a $250k loss as 481(a) deduction on my 2019 tax return. If I apply for a loan next year, will the lender count this 481(a) deduction as depreciation...
Vernon Johnson
BRRRR versus Flipping
What are the biggest differences between the two ways of real estate investing? Both positive and negative.
Giovanni Martinez
Noob Question: Reporting rental income from Zelle
Context: I am currently house hacking a duplex, renting out the second unit for 1k /month while living in the other.How would I report rental income that I receive through Zelle?I will hire a notary to help with doing...
David Nacco
Setting up an LLC as a real estate agent
Does anyone have any experience setting up an LLC for their real estate agent business? If so do you have any reasons why you would or would not do it again or why you chose not to in the first place? I am considering...