How much state tax benefit would I get by putting money into the 529 program now and taking it out for August? I just don't want to tie up money for a small amount.
Hi everyone. My name is Chris and I currently live in Manhattan. The market here is ridiculous at the moment, so I am exploring a few options, including house hacking in either Westchester or Nassau County and/or look...
I recently bought another rental property, SFR. The fence on one of the sides of the property is in terrible shape and could affect the ability to charge market rent in my opinion. I contacted the owner of the house n...
Hi everybody, I joined in January of 2019 but I decided it’s finally time to start posting.I started learning about real estate from my parents at a very young age. I remember they used to take me to foreclosure aucti...
I am gearing up for my first summer with my brand new beach house and was wondering if an LLC was necessary/suggested? My question derives from a place of keeping things simple from a business stand point. So wouldn't...
Real estate is one of the most tax-advantaged investment strategies out there.
Real estate pros buy property using leverage and bonus depreciate to perpetually defer taxes.
Making millions a year and often paying ...
I am looking at moving some of my Roth money into a SDIRA to buy a SFR for rental purposes. I understand that I cannot pay myself sweat equity, but was wondering if I could be paid for other items:
Commissio...
Let's say a Single Family Home was bought for $100k and rents for $1000 (GMR = 100)a month. If I am able to get $1,200 a month, wouldn't that raise the value of the home to $120k , using the same multiplier?I have hea...
Hello we are in Missouri. We have 12 Rental houses. This is a new one on us so need a little advice. Tenants paid first years rent up front.We have vetted and accepted a tenant that is good. Great credit score, no...
Does anyone know a lender in South Carolina willing to loan to an LLC that is less than a year old?