Hey everyone, I've saved up enough to invest in my first deal and would love your suggestions. I want to own an apartment building with the plan to be buy and hold, while letting the tenant pay off the loan so I can e...
How do I handle this situation? I have a tenant in Colorado Spring might be running a car repair business from my single family rental home? The tenant denies it but I found about 8 broken cars parked by the house. Ca...
Hi!I am reaching a point where I badly need a new vehicle. I can afford it, so that is not the issue. My question is about what the most practical vehicle type would be. I am looking at either a truck or an SUV-type...
I’ve had a gentleman working for me the last year as 1099. He’s coming on as W-2 in January. I’m providing a tractor to do snow removal as this year he was using his truck and plow to do my 5 buildings. I’m trying ...
Looking to do an addendum to the lease regarding parking. Current rental agreement doesn't speak to the subject. Last year I added 3 parking spaces for two apartments. 1 for each unit, 1 for a guest. I have 1 apartmen...
I own an office building with parking spaces reserved only for tenants and their customers during business hours. In the last month or so, as I drove by the property at night and during the week end, I noticed that so...
Hello, For a few years now i was not able to be approved for a Loan to purchase my first home because of a high car loan. I no longer have this vehicle in my possesion and am not held responsible for the car loan anym...
Using a property manager we have listed a SFH (in an HOA neighborhood) for rent at $2000 with nearly a dozen showings. It has been on the market for a month now and many have asked if we will negotiate rent. We have a...
If you have huge capital gain in 2022 ,say either stock sale or w2 income 100k or 200k etc what would be your preferred way for tax deduction to offset ?1. Buy next rental property to add in your Portfolio 2. buy busi...
Hello,
Long time lurker, first time poster.
I’m running into a bit of a problem and I’m in search of some guidance and a CPA.
I did a ROBS 401k rollover to a c corp for real estate investing in the spring. M...