All Forum Posts by: Michael Didion

@Matt Hangsleben

You need to go consult with a CFP, certified financial planner. Doesn’t matter if the CFP is considered a “financial advisor” or “registered investment advisor”. Your question is specific to you and your situation and needs to be analyzed in a framework of your overall financial picture, and more important based on what your goals are. However, even if your employer doesn’t match that doesn’t mean the answer automatically is “don’t contribute”.

@Rahul Sunkavalli I think it would be beneficial for you to speak with a CFP- certified financial planner, regarding how a Roth will fit into your overall financial plan.

Colin is this event still going on? I was going to try and make it Tuesday 11/20 if it is.

I’ve heard a lot about investing in real estate notes and paper. Is that investing strategy about buying the mortgage on a property and collecting the payments as income or am I misunderstanding? Any insight into this strategy would be helpful, and also any book recommendations on this strategy would be appreciated. Thank you!

Whose is liable for any damage, either to the property the tenant is renting or a nearby property, for a fire that the tenant is responsible for starting? (I.e fire is started outside by tenant’s fire pit)

My wife and had AC installed in our rental back in July and we are wondering if the cost to install the AC is a deductible expense. Any thoughts are appreciated.

My wife and I just got AC installed in our rental and the technician said to change the filter every month. Is it really necessary to change the filter every month? I've only ever changed it about 2 times a year on our primary home. Any thoughts are appreciated.

Is it necessary to create an LLC for a rental property to help limit personal liability?

This is a rental property by the way. I forgot to mention that.

Is he full PITI mortgage payment deductible on schedule E as an expense? Or are just parts it it deductible like interest and insurance?