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All Forum Posts by: Ruben Correa

Ruben Correa has started 7 posts and replied 57 times.

Post: Help investment vs taxes

Ruben CorreaPosted
  • Rental Property Investor
  • Champions Gate, FL
  • Posts 69
  • Votes 24

I bought house back in 2018 let’s called this one (A) and another houses 2019 this one it would be (B)

House A has homestead exemption it’s renting right now and having some cash Flo every moths and equity around $100K. House B it’s where we live now zero cash flow and $15k on equity. I was thinking on my taxes for this year claim all the income from property (A) but if in the future I want to sell this property it will be my investment properties right ? I won’t be able to keep 100% gains ?

Post: Subject to or wrap around question

Ruben CorreaPosted
  • Rental Property Investor
  • Champions Gate, FL
  • Posts 69
  • Votes 24

I have a friend that is selling his house to buy a bigger house I would like to buy his house I already own 2 properties. I was thinking if there is a way that I can do subject to with him here is the numbers I may need some help and clarification to make this work.

He bought it for $139K selling prices it’s $189K. Payment it’s around $1300 and I can rent it for $1600 month.

What do you think I should do to make this work.

Post: new system needed help

Ruben CorreaPosted
  • Rental Property Investor
  • Champions Gate, FL
  • Posts 69
  • Votes 24

@Tyler Gibson

Thank you.

Post: My Thoughts On Podcast 331. Detroit Rentals With Ashley Hamilton!

Ruben CorreaPosted
  • Rental Property Investor
  • Champions Gate, FL
  • Posts 69
  • Votes 24

@Ashley Hamilton

I justa listened to your podcast. Very good information.

I’m in orlando Florida

Post: new system needed help

Ruben CorreaPosted
  • Rental Property Investor
  • Champions Gate, FL
  • Posts 69
  • Votes 24

@Nathan G.

Thank you for the Info

Post: new system needed help

Ruben CorreaPosted
  • Rental Property Investor
  • Champions Gate, FL
  • Posts 69
  • Votes 24

@Sarah Brown I have 2 Properties in Orlando Florida I will check it out thank you for the information I’m new in to the forum

Post: new system needed help

Ruben CorreaPosted
  • Rental Property Investor
  • Champions Gate, FL
  • Posts 69
  • Votes 24

i would like to know if there is a program or software for my tenats to pay the rent online? as of right now they mail the check every month or i have to go to the properties to get the checks.

thank you