All Forum Posts by: Ernesto Correa

Hello all

Am in need of a surveyor in the DFW area, any recommendations would be much appreciated.

Thank you 

Thank you @Matt Moylan for the suggestion, I was leaning towards a broker as well.

@Dolan Jablonski Yes if you could please.

Thank you

Hello all,

Am in need of an insurance agent/broker in Dallas and looking for recommendations.

Any help would be much appreciated.

Thank you

Hello all,

Looking for recommendations for a property management company in Ft Worth and Dallas area. Thank you

@Katie L.  

Just PM'd

Hello all,

  Looking for a CPA near the Sacramento area. I am just starting on my RE journey and have plenty of questions and in need of advice.

Thanks.

Thank you all for responding...

 After some research i was able to find some guidance... You are afforded the same benefits as any landlord, (i.e. depreciation, operating expenses and such) with the caveat that it will only be a percentage of the total property. If you rent a room that totals 20% of the property, that will be the only deduction/benefit you'll be able to take. Again, as some of you have mentioned, there will have to be an official lease, security deposit and record keeping to qualify.

Hello,

I am currently renting a room to my adult child and was wondering if this qualifies me to be able and take the tax benefits of a RE "investor".

Thanks 

 Excellent point!