Michael B.
Inherit capital gains tax
How to avoid your children paying capital gains tax on millions of real estate when parent die? Ive heard you can put a percentage of building in the kids names so it will automatically go to them both or a very good ...
Yangyang Jin
New landlord controversies in New Jersey
I have come to find it very controversial for investors who would like to buy under valued asset, renovate, and raise rent, on the other hand, when we acquire properties, usually there are tenants living in these unit...
Steven Mirabile
Trying to decide which way to go
Good Evening Everyone,My wife and I are trying to figure out which is the best route to take for our first time home buying. We live in an apartment in NYC with our 2 children paying $1820 per month in rent. We hate l...
Charlie B.
Three times rent...but with (1, 2, 3!) kids?
I've read that most landlords require a (gross?) income of three times the monthly rent. What if the applicant has children? Fair housing laws prohibits discriminating against parents, but common sense tells you tha...
Jason Stephens
Buying Property for future College Savings
Good Morning, I have been kicking the idea of real estate investing around for a good 15 years with no progress. My wife and I recently started to revisit the discussion of how to get started. Right now we are putt...
Masoud Rassoli
When Paying your children from the rental income.
Hello, When you want to pay your children out of your real estate business, do you need to put them on the payroll just like a normal employee or is there a way to avoid paying tax, workmans comp and etc? I heard that...
Kyle Nigro
Students paying rent
Hi everyone,I recently purchased a SFH close to a major university in the Long Island, NY area. My question is how I should have my tenants pay? Should I charge students month to month, or full for the semester (4- ...
Chad Green
Using HELOC to finance acquisition of investment property
What do you all think of my idea of a family member loaning money from a HELOC to finance acquisition of investment property?
Background:
Mom owns two houses (primary residence and a second residence that is used by...
THU NGUYEN
Paying your children to shift income from your business
Hi,Any tax guru can help me out on this question:I want to pay my kids for working for me...but don't really know the pros/cons between W2 - payroll vs Issue 1099?Thanks in advance for your help.
Allison DuBois
My first flip--hoping to pay for my children's college!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $100,000
My first flip! We've decided to just make it acceptable for an FHA loan. Hoping to get in and out quick! Ha...