Sanjai Dayal
Own commercial building, I use 2 of 7 offices for medical business- pay myself?
The commercial office space is owned by my LLC. I need to allocate a certain rent to pay myself as I use 2 offices working as a medical provider (another LLC). The higher the rent, the better for tax purposes. Is ther...
Jose Guevarra
Legal structure for non(not) for profits to hold real estate
Hi,I'd like to help local non profits acquire real estate so they can have cash flowing assets that help supplement their income. My hope is to help them identify, acquire, rehab, then place 3rd party property manage...
Tucker Cummings
Selling Stock vs. 401k Loan
I've got stocks, IRA & 401k and was just wondering - if I ever want to use funds from these as a down payment on a house, or towards a BRRRR strategy, etc. would it be more advisable to sell the stock or take a 40...
Ethan West
Tax Credits and I have no clue how to spend them!
I need some input on my current situation.
I got back $570K from the employee retention tax credit which I am allowed to spend however i'd like. There are a few ways to qualify and even though I consulted two attorn...
Andy Thao
Question on mortgage loan application
Question for everyone out there.I am trying to buy my first home and had a question on the mortgage loan application. Is it better to put down that you pay a certain amount for rent or will it be better to put down no...
Chelsea Jeffers
Inheriting a tenant
I am a prospective buyer in the process of making an offer on a multi family unit. I was able to read the current lease agreement for one of the tenants currently occupying the property. There was no security deposit ...
Josh Norris
Lending to property owners in tax foreclosure
Is anyone lending money to home owners that are about to lose their home to tax foreclosure and using the property as collateral should they not pay it back? Is this legal in respect to the safe act? I currently mar...
Aletha Brown
What should my pitch be to my investor?
I have someone who agreed to gift me the down payment for my first purchase (Multi-family and I will be occupying). But after discussing with him about pulling from his investment account (401K), I’m not convinced tha...
Brandon Sturgill
Financing Multiple Properties and Reserve Funds
Does anyone have experience with this...are the Fannie Mae reserve requirements simply cash in a savings account?
Pete Harper
Texas Contract for Deed
Has anyone done a contract for deed sale in Texas? I have a property I picked up at the tax auction a year ago. The family who is living there have been renting it for the past 14 years. The woman really wants to bu...