All Forum Posts by: Joyce Orange

I am looking for some out town investment opportunities and would like to get some inputs or feedbacks about exit strategies when buy apartment buildings in Huntsville Alabama. Thank you!

@Bjorn Ahlblad. I am thinking about investing in WA and noticed your response. May I ask which cities are the inner cities you talked about? I am aware of Seattle rental policies are so landlord unfriendly.

@Elena Casey

Hi Elena, nice try! I am a new leaner in this area too. I am quite interested in the analysis tool you are using for this property. Would you mind letting me know where to get this tool? Thank you very much in advance. Joyce

Hi there, need your help about tax deduction or tax benefit for rental income loss for high earn person.

I have a friend whose earn is over $150k yearly with a rental condo. Due to Covid 19, she lost a few month rental income as it it is not easy to get tenants. Here are two questions:

1. How would this rental lose affect her tax when she fill her tax return for 2020?

2. According to her financial situation, is it more beneficial or her, from tax point of view, to have the unit vacant rather than renting to a irresponsible tenant?

Thank you very much for your advise !

I have a principal residence and apartment as well. The apartment mortgage rate is quite high and I am considering to negotiate a better one . Should the apartment only be treated as rental investment and get mortgage so? What’s best interest rate for second home? I am in WA area.Thank you very much in advance.