Desiree Rejeili
The BRRRR Strategy: A Comprehensive Guide to Building Wealth Through Real Estate Inve
24 January 2025 | 0 replies
Over time, as property values increase, your wealth grows.Tax Benefits: Rental properties offer tax advantages such as depreciation and mortgage interest deductions, which can help reduce your overall tax liability.Scalability: Once you’ve mastered the BRRRR method, it becomes easier to replicate.
Jason Sung
Water leak at a bathroom and insurance claim (Safeco)
15 January 2025 | 6 replies
I have landlord insurance with deductible $2500. the house has continuous flooring, meaning the entire house has same LVP.
Robert Stephenson
Older Investor needing help getting a Second property
21 January 2025 | 13 replies
The interest would be tax deductible due to interest tracing rules.
Nate Marroquin
House Hacking, with other rental debt and low income
30 January 2025 | 10 replies
Nate @Nate Marroquin You can use the income from your tax returns on the current rental adding back your paper loss (depreciation) and add back the mortgage interest, property taxes, home owners insurance deductions on your tax returns.
Carl Rowles
Rehab Financing Strategy Help
19 January 2025 | 10 replies
Whichever loan that you decide to use, the interest will be tax deductible due to interest tracing rules.
Andrew Slezak
Section 8 rent increase
28 January 2025 | 9 replies
This figure includes allowances for heat, electric and any other utility that the tenat is required to pay and this is deducted from the FMR.
Keith Angell
Seeking Advice on Financing Future Rental Property Projects
27 January 2025 | 11 replies
Proceeds to segregated account to be disbursed ONLY on rental property improvements and expenses to preserve the deductibility of interest on your Schedule E.
Mohamad Guene
Mobile home investment.
8 January 2025 | 3 replies
., mobile homes often lose value over time unless they are situated on owned land) and tenant turnover.However, tax advantages include depreciation deductions, which allow you to offset rental income by writing off the property's value over time, and cost segregation, which accelerates certain deductions.
Makani Donaldson
What is considered a good cash flow?
26 January 2025 | 16 replies
I'd deduct this before accounting for your total cash flow.
Alex Tang
Opting for Actual Cash Value vs Replacement Cost if Home Damaged by a Fire
12 January 2025 | 3 replies
If the cost of rehabbing it is more than it’s insured for, they’ll just cut me a check for what it’s insured for minus the $2,500 deductible.