Samantha Cash
Using my Tenants Internet Service
I just closed on a house hack and my tenant who has lived in the property for 2 years has previously split the internet bill with the other occupant in the duplex. I would like to do the same. I'm thinking there must ...
Michinori Kaneko
Switching Title of the property to an LLC
Hi, I just went into contract for my first rental property a week ago. the property i'm purchasing is already in contract with my personal name, as I read many articles about how setting up an LLC is overhyped. I ha...
Wilson Pereira
Revocable Trust Setup
For those of you that setup a revocable living trust with your spouse/partner for your real estate LLCs and other assets such as bank accounts, did you setup a single revocable trust or separate trusts? My attorney ad...
Jon Saddler
Retirement rollover to Solo 401K to invest in multifamily
Hi All! Interested in the community's thoughts on one possible game plan for investing in my first multifamily:I currently own two single family rentals, and my goal is to grow my portfolio to eventually replace my in...
Account Closed
Unique Renter. Would you Rent to Her?
I always turn to this forum for advice, so here we go once more. With a two-level 1115 sqft very upgraded rental there has not been much success in finding quality candidates, of course the property is going on onl...
Anna R.
Taxes on Flipped properties. Do I pay higher taxes?
If I am currently full time employed in Illinois and fit into the 28% Tax Bracket, what taxes do I pay for my flipped property? Am I still paying 15% of capital gains or do I pay 28% on capital gains due to my current...
Jim S.
Minimum net cash flow
I self manage my properties. I prefer $300 and up for net cash flow per month. I'm looking at a duplex that net cash flows at $160 a month. I think that is low. Just wondering what your minimum net cash flow per mont...
Lior Rozhansky
Masshousing Loan- Your experience with it and is it worth it?
Hi BP, I am looking at using the Masshousing loan for my first single family property (for buy, hold, and rent out) in MA. On a high level, it seems really attractive as I can get a loan with 3% downpayment and no PMI...
Jane Dang
Add brother to title of my primary SFH
I am refinancing my primary property. I want to add my brother to the title but not on the loan. Will this cause any Tax issue? Does this consider I am selling 50% of the house to him?
Chris Allen
Owner Financing / Creative Financing
Short version of my question...
-"Do the payments from owner financing coming in count towards income? Or can they be written off as a loss/break even"?
Long version....
-I met someone who "wishes they could get ...