Hello Everyone, We are very interested in using the Homestyle Renovation loan when purchasing our next home. Our question is, can the cost of hiring an Interior Designer and Architect be included in this loan?
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BP,I have a new idea that I would like to get some guidance on. I am currently purchasing a group of single family homes in Western NY; the seller owns them in several LLCs. I always own my properties in an LLC, but...
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All I am in CA and am looking for a self directed checkbook LLC IRA provider for properties I plan to own out of state. Does anyone have any recommendations, good experiences with any firms? Preferably with low setu...
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Hello BP ! My name is Sean and I'm a 21 y/o noobie investor from Israel. First of I wanted to thank this amazing site that helps me enrich my knowledge on a daily basis. My main goal is to become a buy & hold in...
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Hi BP community, I have 403b from an old employer that I want to use to invest in RE. There is just under 100k in this account and when looking to withdraw the money, I was told I would incur over 30k on fees and pena...
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@Russell Brazil @James Wise @Andrew Postell @Michael SwanI have 5 rentals, 3 in Tennessee and 2 in Ohio. I have an LLC set up in North Carolina where I live. I paid cash for the properties and then took out equity lin...
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When you pay yourself through your LLC do you end up getting taxed twice?(first time for LLC earning the money, through rent for example, then the second time when you pay yourself a salary)I feel like there should be...
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Hi All,Currently, I am a landlord in Saint Albans, Vermont with 4 doors. I self manage and very much enjoy the management aspect of being an investor. The challenge I am facing is that I need to find a better system a...
How's the market in Cleveland, Ohio?
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So I'm wondering if I maybe messed up when it comes to accounting and taxes while rehabbing a house to rent. The rehab has taken forever- 3 years. But, it's finally done. However, I'm worried that I didn't think a...