Robert Spiegel
Security Deposit Deduction: What is reasonable for cleaning
21 January 2025 | 10 replies
My lease requires professional carpet cleaning, which would cost more than $500 for a home of that size.Yes, it's reasonable to reduce the cost because she was such a long-term tenant.
Scott Trench
Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
18 January 2025 | 13 replies
Wholesalers might avoid licensing to reduce perceived risk, though this is a double-edged sword since wholesaling has its own legal pitfalls.5.
Evan Haas
New to the forum, hoping to get started with a multi-family
16 January 2025 | 11 replies
Before we sold it we hired a management company to reduce the burden, but even then we decided to sell and walk away.
John Underwood
No tax on Tips for Rental Income
31 December 2024 | 12 replies
Quote from @Aaron Zimmerman: I would look for other ways to legally reduce income such as cost segregation studies.
Don M.
First time with new construction: Cape Coral, FL
20 January 2025 | 204 replies
For every day after the 30-days, the permit fee is reduced by 10% of the permit fee.
Vivien Martin
New member from the Chicago area!
18 January 2025 | 17 replies
This reduces your housing payment and helps you build equity.
Yooni Choi
What's considered a 'good' cash flow in Pittsburgh?
7 January 2025 | 2 replies
One of my early properties barely broke even, but after a couple of years, rent hikes and expense optimization turned it into a strong performer.For cash flow benchmarks, I usually aim for $200-$300 per unit, but your situation.. house hacking.. offers unique benefits like reduced living expenses and quicker equity buildup.
Daniel Hartz
Trying to refi out of a bridge loan on a SFR with tenant
15 January 2025 | 10 replies
Explore a DSCR Loan with Reduced Down PaymentSome lenders offer DSCR loans with minimal cash-to-close requirements if your property cash flows (even marginally).
Dylan Gomez
Inherited a property and remodeled it now its ready to sell
28 January 2025 | 11 replies
Additionally, timing the sale in a lower-income year or exploring potential deductions could further reduce your tax liability.
David Woodside
500 hour rule - material participation
15 January 2025 | 12 replies
@David Woodside The 500-hour rule allows you to treat rental losses as active, enabling you to offset other income and reduce your tax bill significantly.