I was recently approached by a fellow investor who is looking to partner on a deal where he puts in all the money and I earn equity and cash flow by putting in sweat equity (running the property as a short term rental...
I'm new to real estate investing and would like to start flipping in the Northern Virginia area. If I were to partner with another investor, whether it's a friend or someone I meet through a meetup, what do I need to ...
I think I'll probably have to hire a CPA this year but I'm curious of getting an idea where I stand. In 2008 my (now) ex-wife and I moved out of state and converted our personal home into a rental. Since we've not liv...
I have an existing LLC with 4 rental properties in its name free and clear (purchased all cash), a bank account, and file taxes as an LLC. I am paying cash for, but wish to mortgage immediately in order to take advant...
Hello, purchased our first primary residence in May 2023. Are there any tax benefits to “renting” one of the rooms to your young adult kid? Also, any recommendations for new homeowner tax advisors in San Diego? Mira M...
i opened my corp in July and wasn't able to take a wage as the corp made like 6-8k can i just take a distribution, what would you recommend i do?
I own 4 homes with mortgages, 2 are through the VA and 2 are conventional loans. I have over 30% LTV in all 4 homes. My question is should I transfer the homes over to my LLC? I know the down side would...
I will be purchasing my first rental property and I own my primary home outright with no mortgage. The property costs $210,000 and my home’s value is 465,000. I am not sure what the right way to finance this would be...
I came across this site last week seems to hold a lot of information. About 2 ½ years ago my wife and I buckled down and did Dave Ramsey’s Financial Peace program at our Church – we have been debt free for a littl...
Hi,
I'm really new to RE investing/buying in the US although I'm an investor by profession in other parts of the world/other asset classes. One fundamental question bugs me: it seems that loan providers usu...