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13 August 2024 | 14 replies
They even provided me the wrong lockbox code for my condo, 3 days after the eviction.
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12 August 2024 | 16 replies
The aim is to identify any issues in rental properties before they are brought to the attention of management or code enforcement.
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13 August 2024 | 21 replies
It's my understanding that if there's a "partial exclusion", I'd use a Form 8949 with Code H...And if it's "fully excluded" and there's no 1099-S issued (which I indeed received no 1099-S), then I'd simply not mention it at all.But my biggest question is....
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8 August 2024 | 10 replies
I signed up for this 3 days boot camp with “Tax Lien Code.”
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12 August 2024 | 10 replies
If you're willing to live with roommates it'll likely be much easier to find options. 4-5 beds is usually ideal for offsetting the mortgage. 2) Know your local zoning codes and go down to the planning department if you can.
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10 August 2024 | 14 replies
@Martin Yip Toll So You are making a mistake treating your debt relationships as strictly transactions.
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13 August 2024 | 11 replies
I completely agree with the other answers that getting someone to help you is a good bet, having someone in your corner who understands the intricacies of the tax code rather than DIYing that should save you more money (and time) than you're paying them ever since I got my first rental I've had a pro doing my taxes but kuddos to you for being able to juggle so much for so long on your own!!
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14 August 2024 | 51 replies
To clear up this question - we can insure any investment property regardless of ownership entity as long as it meets the underwriting criteria as set forth by the carriers that underwrite our program (there are limits on unit size, number of stories, wiring type, requirements that buildings meet code and are well maintained, etc - no different than any other program or insurance company you may engage with).
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10 August 2024 | 2 replies
Chris,I have 2 brownstones and found the easiest and cheapest solution as follows:Smart lock (I recommend Schlage) with each tenant receiving app access and code.
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10 August 2024 | 5 replies
Are you in a position where you could house hack, or are you looking strictly for an investment property with your $200k purchase price?