Griffin Malcolm
How Exactly to Report Rents on Taxable Income
Hey guys, I worked with Trustco on my first house hack this year and they said they can use 100% of my rents on the first house to count towards my DTI on the second. My question is how exactly do I report this income...
Kerns Churchill
Arizona Residential Rental Property Registration
Hi Everyone,New Investor here, who just purchased a SFR in Mesa, AZ. I was reading online about a residential rental property tax (about 2% of gross income) and I was wondering if anyone has any experience with this?...
Jacob Calbillo
Partnership payment question
I will hopefully be doing my first multifamily deal soon and am going to partner with someone I trust. He has the cash and I am bringing the deal. When we talked about potential profit splits, he said he could 1099 me...
Garrett Diegel
Help me define loan terms on private money.
We are in the process of closing on a short sale 3-plex. Hopefully we will have an approval by the end of September. My question now is how to correctly define the loan terms for our private money loan. I know there a...
Paul Yun
Capital gains tax upon selling a property
Hi all,
How does capital gains tax apply when selling a property that was your principal residence for only a portion of ownership period? I've been doing some research on this, but wanted to make sure that I've got ...
Dylan Hoey
need advice / opinions
how active is the wholesaling market in CA? started wholesaling real estate about 5 years ago, but strictly in AZ. I know people that will buy properties over there, so I never ventured out. Now, I'm in Orange County ...
Nikita Sharma
Cash Flow Calculation Question- Cash on Cash Return
Hi everyone,I just started looking into my first property to invest in (SFR or MFR). I am setting up the cash flow and appreciation expected for the first 5 years after purchase. I had a question about annual property...
Bobby Kingsada
How do I buy my second property?
There are plenty of resources out there to buy your first home, especially here on bigger pockets. Thanks to the amazing resources available here I was able to purchase my first home with confidence and clarity. Now I...
Trevor Levine
Land trusts or LLCs? (For lawsuit protection & anonymity)
Hello! I live in CA and I'm a passive investor in two rental properties. For each, I'm named on title as a tenancy-in-common partner. My partner is also named on title, and his property management company does ALL rep...
Nasi K.
Collin country Commercial pad site construction details
Hi,I plan to buy 1.5 acres of pad site in a commercial property that is being setup. It was part of 25 acre land which has plan to build SFH in back side and commercial on the front side. I was part of the entire deve...