
24 October 2024 | 16 replies
(you do not pay the taxes you lose the house, and you do not pay the insurance the lender will put insurance on the property for you) Assuming the properties are showing up on your tax returns the income/loss will be calculated from the returns using this form: https://content.enactmi.com/documents/calculators/Form1038.C...The form will allow you to add back your paper loss of deprecation on your returns as well as your property tax, insurance and mortgage interest deduction as those last three are already taking into account into your payment as mentioned in the first paragraph.
24 October 2024 | 18 replies
After stressing it three times they sometimes ask: so you really want us to contact you?

23 October 2024 | 15 replies
I interviewed 5 CPAs, three were firms recommended by other real estate investors.

21 October 2024 | 2 replies
You’re neck deep in Paralysis of Analysis, a virus more debilitating than the Spanish flu, Bubonic Plague, and the latest virus du jour, Covid.I’m no different than you. . .well, I’m Italian, so I’m a better cook and I have three Uncle Tony’s who collect my rents.
21 October 2024 | 4 replies
For example, title insurance on a $750k flip is not three times the cost for a $250k property.

19 October 2024 | 7 replies
We are currently looking at three types: contract for deed, seller finance, subject to.The hurdle is, we both have no experience with special types of financing and have no idea who to talk to.

23 October 2024 | 28 replies
I also have strict quiet times for all three units and have not had any complaints.

20 October 2024 | 14 replies
I spent the last three weeks scraping data on this very topic.

19 October 2024 | 0 replies
I know in my tiny village three business owners recently received grants $100K (think they match) for outsideimprovements (windows, parking, roofing, patio) Must be nice; that's what I want!