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Results (10000)
Maurice Smith refinanced my loan , need advice before closing
16 January 2020 | 14 replies

BP,
I need some input , what would be considered a good interest rate on a 4 plex investment property ( non owner occupied)? I closed at 6.125% with a loan amount of  $277k back in feb 2019. I refinanced at 4.875%...

Matthew Bailey Can I buy mixed use and rent to my own business?
6 February 2021 | 11 replies

I own a real estate flipping business, so all of my profits are taxed as ordinary income (and at a high rate).  I thought it could be beneficial if I bought a mixed use property and rented the commercial space to my f...

CL Ziegler Better to pay off loans, or keep a permanent note?
17 February 2014 | 5 replies

Hi everyone…

I see people on the boards here speaking about paying off mortgages on their rental units, as if that is a desirable goal. What do you think?

My first influence in pondering owning rentals ...

Julian Buick Turbo Tax
29 January 2017 | 9 replies

I did one flip last year where I partnered with a rehabber. I was the money guy. We made a little bit of money and I'm trying to figure out how to file my taxes using turbo tax. The property was not in my name, if tha...

Mitchell Maginnis Is it possible to use the STR loophole to offset w-2 income if managing out of state?
18 January 2023 | 10 replies

Hi!I am an optometrist and am finishing up building a new build STR out of state. I will have a cleaning team do the day-to-day turnovers and will be using Guesty to assist in helping manage the property myself. I hav...

Justin Young Is this a valid strategy?
20 September 2016 | 10 replies

Aloha BP!Living in Hawaii is great and I couldn't imagine my family living anywhere else. But when it comes to starting a portfolio of rental properties, it gets really expensive to do so. Instead of investing in my "...

Steven Cruz Should I cancel my 401k?
19 June 2020 | 5 replies

Hello,  I have a 401k and I was thinking of cancelling it because I have a 457 b option plan. I haven’t put much into the 401k so I’m not worried it much(only 6k). But recently I’ve been thinking a lot about it, my em...

Andy Bailey Acquiring rental by QC... best advice for tax purposes?
16 September 2017 | 0 replies

Hey folks
My wife and I will soon be acquiring a 3/2 SFR before the end of 2017 by way of quit claim. The property is located in NE TN. We currently collect the rent and maintain the property now including all repair...

Rodrigo Mora Sandoval interested in investing in real estate
17 July 2020 | 1 reply

Hi everyone!I am interested in investing in real estate! It has always been a dream of mine to flip homes for not only my benefits, but for the good of my community. However, I am currently self-employed, and I am get...

Dean Suzuki Where do folks put their emergency cash reserves?
12 May 2014 | 30 replies

Hi,

I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...