All Forum Posts by: Jhansi B.

The other day I stumbled upon articles on segmented depreciation and how it increases the depreciation in early years by doing this. It sounds like little bit of work to segment the depreciation amounts but seems worth it if we have positive cash-flow. I am trying to reduce my positive income on schedule E and this seems like good way to do it at least for few properties. I couldn't come up with anything on the forum with the search. Thnaks

Thanks Dave and Steven. The income from the properties will cover the payments for the loan. If I personally guarantee the corporation loan, does it show on my credit report?

Steven, I can use the income from free and clear properties to qualify for another loan but big chunk of capital is stuck in free and clear properties and it increases my rental income which is taxed at ordinary income. My goal is to reduce the income by getting the loans and use that money to purchase more. Thanks

Thanks for the reply Dave. But we don't have mortgages on them. They are free and clear. I am looking to see if financing is easy if I move them to a corporation. Thanks

I need help on how to do this. We own college town properties free and clear and managed by property management company out of state. It doesn't make sense to have mortgages individually on each property due to the size of loans and also it will increase number of loan we will have personally on our name.

Is it good to transfer the properties to a Corp with s-election and have the Corp to pay the value back to me either by getting mortgage or every year from the income. My CPA says expenses are high on LLC depending on LLC asset value.

What do you guys think? Has anyone got a Corp loan solely on the assets and income that the Corp will have by holding real estate?

Thanks

My friend rented his place a month ago with an agreement that the tenant will pay the security deposit over 6 months. Tenant moved in with first months rent and the rent was due for this month yesterday plus part of security deposit. My friend couldn't get hold of the tenant to ask about the payment so we went by the house today and from front room window we can see he moved all the stuff out. He basically vacated the home without giving a notice

What can my friend do? Techinically tenant still has lease on the house and how can he make sure he is not violating any laws if he tries to rent it out again. What if he can't get hold of tenant ? What are his options? How can he go after the tenant for damages?

Thank you, looking forward to the answers or suggestions.

I am a realestate investor (if I can call myself that) and I like to invest in single family homes. I invest in a small town not too far from where I live, so far my investments have perfomed well.

I am not able to find another town with similar price/cash flow range nearby and I keep going back to invest in the same town. My goal is to own as many homes as possible (including financed purchases) and my question is, is it wise to invest all in one town? I understand importance of diversification in stock investments, is it important in realestate? I average each single family home around 160K. I want to hear your thoughts.

Thanks

I am a real estate investor and also real estate agent (working part time) and focussing on investment properties.

I am looking for good cashflow oceanfront properties in Florida. Has anyone purchased one and worked out great?

Please share.

Thanks