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20 October 2024 | 32 replies
Would I use then in addition to an attorney or can I utilize their services to both foreclose and clear the title?
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18 October 2024 | 8 replies
But every day investors buy less than desirable property utilizing high leverage debt at high interest rates producing high risk of negative cash flow and built in negative equity.
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15 October 2024 | 8 replies
Most of my utility consumption is gas.
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15 October 2024 | 3 replies
@Sam Peterson You can utilize different online companies (web, phone apps, etc.) for this but if you're new to REI you could gain traction by making your own.
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15 October 2024 | 2 replies
The way to handle it is to allocate expenses based on the percentage of the home’s square footage used for rental purposes.Here’s how it works:Calculate Rental Percentage: Add up the square footage of both the in-law suite and the rented room, then divide by the total square footage of the house.Apply This Percentage: Use this rental percentage to deduct a proportionate share of expenses like repairs, utilities, and mortgage interest.This post does not create a CPA-Client relationship.
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16 October 2024 | 5 replies
Can you bill back utilities to the residents?
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10 October 2024 | 9 replies
My 401k is not the only funds I have, rather I want to utilize that money to invest while I am young.
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16 October 2024 | 10 replies
- Do you have any advice for first-time investors tackling a rehab-heavy property?
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15 October 2024 | 6 replies
1) The $1832 S8 rent probably includes all utilities.
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17 October 2024 | 4 replies
Most tax professionals do not advise their clients to utilize this approach and it may raise concerns under IRS examination.