Questions: (1) May the owner of a single member LLC loan money to the company and charge the company interest for the loan? (2) If so, is the interest paid by the company a deductible expense to the company reporte...
Hello friends!I have a townhouse in Newcastle, WA that I purchased for $200,000 in 1999. It is worth $400,000 today. The cap rate is 1.68%. My mortgage is $65,000 at 3.5%.In 2016, my household will earn $160,000...
Hey all,So, I am hopefully closing on my first rental property at the end of this month. Happens to be my own office (commercial condo in a Medical building), so I've got a pain in the ass tenant :)Anyway, I created ...
Does anyone have any experience renting to medical students or medical residents? How do you target them specifically? I was thinking about purchasing a property close to the hospital. I am finishing up my medical tra...
What is Cost Segregation?
A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental ...
Folks,What are your thoughts on renting to someone who has a discharged bankruptcy in 2014 ? What other factors/items can I check to reduce risk in such a case ?Thanks a ton,Vidit
Wondering if buying housing near hospitals is a good investment. There is a student hospital and a lot of potential to turn those housing into student rentals.
Hi everyone first off very excited to be on here and excited to learn more about real estate investing. My situation is kinda weird as I started out in real estate about 1 year ago, I got into short-term rentals and h...
Hello all, new to the boards here, I have a question re my IRA and tax penalty - did a 50K draw (60 day rollover) from my IRA (Traditional) to cover some credit card debt and medical bills and had planned to redeposi...
Hello everyone,The homeowners really want out of the house but the liens exceeded their estimates and shot past my MAO. Liens:17k for automobile (co signed for stepson, haven't seem him or the vehicle in years) 20k in...