I now have a motivated seller who is willing to go the “subject to” route; however, like many homeowners in a military town his mortgage is through USAA which is also his bank. USAA's website is essentially a "one sto...
My first two years of owning rentals, I just put appliances such as washer and dryer, stove, under "supplies". I have switched accountants and my new accountant asked me to use Quickbooks. Now I am not sure where to i...
I'm about to buy my first property un the united states as a foreign investor with my brother. We already got our LLC but we could not find a Bank that could open a Bank account for us. We Will have to use the ban...
My wife has a self-directed IRA through Equity Trust that she transferred over to several years ago. These are funds from an old account she had from a job she had years ago prior to us getting married. Is it okay t...
This is my first rental property- a duplex in Sioux Falls, SD. Inherited one tenant, who has been good so far. The other tenant I moved in; fully vetted, including employer reference and last 2 landlord references, al...
I was wondering if anyone has had experience using a 401k loan for capital towards buying an investment property? Most company 401k plans (including mine) allow you to take out a loan of up to $50k (or the lesser of 5...
I am an investor in the BroadMark fund, which provides investor return from 1st lien position hard money loans. I am generally happy with the fund thus far, but they seem to be using an overly favorable method to com...
Hi, all. I'm closing on my very first rental property this week, and am looking to set up one of the online PM services, ether Tenant Cloud or Cozy. Buildium seems to cost too much for me, right now, having only one p...
Hello,Does anyone have experience using hemlane? This is my first rental property and was considering using this platform and was wondering if anyone had personal experience. What would be the pros and cons you have ...
All:
Can anyone please let me know whether or not I will personally incur capital gain taxes when my tenants in common partner sells his 50% interest of two properties we co-own? I was thinking I should not incur any...