Hello fellow househackers!
Two questions for the group in celebration of tax holiday cheer.
1. Does your tax preparer have you use a 1040 schedule E or 1040 Schedule C?
2. Which portion of the tax code do they ref...
I have appx $250k worth of active income this far (commercial real estate broker), and I have another $300k in income coming (though I am rolling my fee as equity into the deal so it will not be reported as income on ...
OK, here is the situation I'd like some creative financing / deal structure ideas please.I have a deal/property & I approached a private investor friend with:I originally structured the deal to him as a 'debt' onl...
I'm one year into having a property manager take over one of our properties, it's mainly great because that income is now (almost) truly passive - probably requires less than 1 hr of time each month.However, my PM see...
Welcome back our Question of the Week!
We took a short break from our weekly question while we rolled out the new forum design. Thank you to those who have provided feedback for continued improvements. Our community ...
I'll try to get to the point.I use to work for an investor when I was younger. Ever since then I've wanted to get into real estate. I never acted because I also wanted to become a police officer. I focused most of my ...
Just announced. More than many thought including me. I figured 1/4 point then another in a couple of months.Should be interesting to see how things shake out.
Hey Everyone, Newbie here trying to get some clarity on "gator" lending. I know, it's the flavor of the day, but it at least got me to to perk up. That said, I'm either missing something or this is another snake oil s...
Hey all. My wife and I are considering making an offer on the following SFH:
3/1 with 1340sq.ft listed at $64,900. Built in 1954. Its an estate sale by the only child of the deceased homeowner. Vacant for...
Hi Everyone,I closed on my first TK property in Memphis, TN on August 17th. Yay me! Found out during the rehab's home inspection that there were (inherited) tenants in the property during the rehab, I thought this was...