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Hopefully closing on a property on the 27th. When taking all of my documents to a CPA what are some of the questions i should ask about real estate tax and how it can help me?
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Hello all,I purchased a property back in February but I was deployed overseas and had it placed in my moms name. My question is what is the process to transfer the property from her name to my LLC? I have looked on th...
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I was searching CL today and there were several posts that said, "Owner financing, RTB, etc..... is illegal in Texas unless you are broker, etc.........I'm a little confused. We just obtained owner financing; however ...
I now have two separate houses under two separate portfolio loans. With the forthcoming third house, I would look to get a blanket loan and put all three under 1 loan. For those who have done similar deals, how do you...
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I just received an offering memorandum for a 24 unit. It is a condo complex. They list the annual assessment as a monthly expense. Will buying a condo complex work just like buying a regular multi unit complex? Ho...
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Hi BP fellows! I’m a somewhat new rental investor in the US (I’m a homeowner in my home country and an airbnb host there, but the experience feels very different). I have already started doing the math for evaluating ...
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I own 8 properties. I intended to buy one more. After the inspection, I decided not to go through with the purchase. As it was a multi unit building, the inspection was $2150. Can I deduct this loss against the gains...
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Hi Folks,My first investment is a duplex in Oakland, CA and I'm house hacking. There's a law here in Oakland that says any income I receive from my tenants is taxed. I'm currently paying all the utilities because th...
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I need advice about scaling and see 3 options ahead. My wife and I have rented out a 3/2 single family in Jax, FL since 2009. #1 Sell: The house has ~110k in equity. Does it make sense to sell in order to buy a mult...
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My hubby and i have decided to invest our savings into real estate! I will property manage! I researched and found a property.
We made an offer that was accepted! Fun so far! 145,000 to be financed 30 yrs conventiona...