Jason Foster
Indianapolis Property Taxes
I received my property tax bills last week, and was surprised by how high the rate was given the 2% cap on investment properties. Given the school referendum that passed, my properties are now over 3%. Has anyone ha...
Mario Nacev
Running #s on a charitable donation
Hello I am hoping someone can walk me thru the following hypothetical situation:Property purchased by an LLCRented to Charity for: XRental Income contributed back to Charity 100%: XPlease describe what this would look...
Handie Kunen
Refinance to LLC - is it considered a sale?
We are rehabbing a property and will refinance afterwards to complete the BRRRR. The property is currently owned in my husband's and my personal name. We identified a local bank which is willing to refinance it into o...
Steve N.
Deal Analysis For Roanoke VA
This is my first deal I'm putting together. I would appreciate any comments.
3 BR 1700sqft, SFR, Nice neighborhood, house is in very good condition, tenant ready, no deferred maintenance evident.
$142,0...
David Rutledge
refi qualification advice
Hi everyone,
I was hoping to get some advice on a potential refi for two of my rental properties in NC and In that I bought a few years ago.Both have appreciated in value to a point where if I refi I think I can get ...
Vidit S.
Is it true I can get a low rate mortgage with a LLC/trust combo?
Hi - I have saved up some cash aside and I am looking to break through this year in rental property investing for long term buy and hold for cash flow. My main aim is to have a proper legal structure for asset protect...
Diondra Brown
LLC or Individual
I am looking to build a duplex or triplex. I will be living in one of the units. I plan to use a fha loan to build if I can. Would I be able to put the property in my business name since I'll be living in one of the u...
Chris Haas
Does getting licensed affect your earned income versus passive income status?
If I would get licensed primarily to get access to the mls, and in general gain that knowledge, does that adversely affect my tax status.
I have no intention on quitting my day job, so if I get licensed, buy ...
Ronald Hayden
Tax benefits to owner occupancy in California?
My business partner and I are evaluating the possibility of purchasing the home that one of us is renting, due to the owner needing cash.Can anyone provide a pointer/advice on the tax benefits of owner occupancy for a...
Matt Hudson
Seller Financing - Got one on the hook!
Last week I received a call from a mailer. The gentleman asked me abruptly, "How much will you buy my house for?!". Before I could reply he proceeded to berate me and call me a "f*#$%ing vulture". Fast forward to toda...