James W.
Capital Gain Tax Question
Hi guys,Does anyone have real experience paying Capital Gain tax on an investment property?We can use an example of a condo purchased at 500k and sold at 1M, held for 5 years with no owner residency. How much tax is t...
Kamil Andrukiewicz
Hey guys questions about FL
Hi guys, I currently operate a brokerage in CT. I am licensed in FL and we are looking to open our first office in FL. My question is do we register as a foreign entity in FL and open under the same LLC, same EIN o...
Osher Haliwa
turning an SFH into a duplex pros and cons
Hello everyone! I'm thinking about turning an SFH into a duplex, there is a separate entrance and it seems easy to do it. do you recommend it? the numbers make sense it will generate an extra 800 a month but I'm wonde...
Esther Rosenberg
Recommendations for Home Facelift
Hi,I am a first time investor and just went under contract for my first property! The property is in Wilmington, NC.The house could use some updates, like fresh paint and floors, bathroom update and kitchen countertop...
Natan Gutt
Banks for investment properties (not a loan)
Hi everyone! So I just put in offer on my first investment SFR. From what I understand I should be opening a separate bank account for everything that has to do with the rental financials. My question follows; is ther...
Patrick Creighton White
Running a CMA for a individually parceled multi-family
Hey guys! I hope everyone is doing alright. I am currently looking at a 30 unit which consists of two 8 units, one 5 unit, two 4 units and a SFH, all on separate parcels. I can see that each units rent is under market...
Sai Srija Edara
FirstTime Buyer looking for an advise on managing the rents and deposits
I have a multi family home and i would like to know the best possible ways to handle the rental and security deposits.Is it good to get started with the small banks or the bigger ones to maintains the rental income.
Colin Gallagher
First "luxury" house hack
I'm closing on my first house hack in a month. It will be a "luxury" house hack as I am renting out a separate in-law-unit. For those who have done it before, anything I need to get approved with the township before I...
Chelsea Knapp
Receiving rent via Zelle?
Just bought my first multi-family at the end of March. Got two tenants in there April 1. I have a separate bank account set up solely for revenue/expenses for the rental. Is there anything wrong with accepting rental ...
Michael Lawrence
Breaking up property tracts
I'm still new to real estate investing so I figured this would be a good place for this question. I'm looking at buying 5 acres that has 5 separate tracts at auction. Wanting to use a portfolio loan to buy all 5 acres...