I have 2 scenarios that I would like to ask on the tax. At this point, I don't know whether I should do it.
1. I want to transfer a property I just purchased to my LLC A on title using the Warranty Deed. I purchased ...

sorry for the long post but i was wondering if anyone knows how Fannie treats rental income for DTI. i found the following conflict:with regard to how Fannie addresses rental income as shown on a schedule E when calcu...

I purchased a four unit building early this year.  Part of the down payment was borrowed using a 2nd mortgage against another building, so my real equity is lower than the building value less the 1st mortgage.  Financ...

Hi. I recently acquired a townhome in Asheville, NC that I'm operating as a furnished mid-term rental. I have been contacted by multiple corporate housing companies that would like to secure long-term leases and then ...

So I'm saving every penny reading educating daily to get to where I need to get to buy my first house hack. Only thing is I have near 100K in federal college loans at 6% intetest rate.About 18 months ago I joined inco...

I really enjoy good quotes to inspire me. Its like a shot of motivation in 10 seconds of reading. Ill share one of my favorites. What are yours? The following is a quote I reflect on often when using other peoples mon...

Hello RE community, I had a question regarding the sale of my property. I lived in my primary residence but then welcomed a child last year so we rented it. It has been a year since the apartment was rented. I am plan...

Hi y'all. Seeking best practices/suggestions on compensating handyman. This pro is on call for routine repair/maintenance work like replacing light fixtures, repairing stairs etc. Goal is to provide consistent income ...

Hi my BP Family!

I've been wondering how I can go about loaning funds to my own company as an "investor" although I'm also the owner. Essentially, as an individual I go get a personal loan. I loan the money out to m...

Well, in 2005 we invested in a pre-con condo in Ft Myers, FL when the market was still pretty strong. At completion in 2006, the market had slowed considerably and we ended up purchasing the condo because it did not s...