All Forum Posts by: Jose A Serrato
Jose A Serrato has started 8 posts and replied 12 times.
Post: House Hacking with a FHA Loan
Jose A SerratoPosted
- Investor
- Posts 15
- Votes 5
Hello BP community newbie here👋🏽, I am really thinking of moving out my parents to house hack a multifamily with an FHA Loan. After my one year is up I can refinance to get rid of the PMI correct? Also I am wondering, there is no way to BRRRR with an FHA Loan since to Buy in the BRRRR I need private money/ hard money lender/ etc, correct?
Post: Taxation with Partnerships
Jose A SerratoPosted
- Investor
- Posts 15
- Votes 5
Hello BP Community newbie here, I have a general question. When flipping a house with lets say a total of 3 people, each takes their profit & are taxed individually correct? Would they each report their gain separately or is there a form for all 3?