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28 October 2018 | 10 replies
See Treas Reg §1.163-8T(e)(1) below, and take into consideration the ordering rules for payback of debt.For number 6 and number 7, I'd want to know what happens to the $100k cash (number 6) and the $20k cash (number 7) that taxpayer gets from the bank upon execution of the loan.
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27 October 2018 | 3 replies
Make sure you have an updated O&E report when you provide the collateral file.
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13 December 2021 | 5 replies
Single family price per square foot probably would not carry much weight when you consider a 4 plex we are talking 4x all of the appliances, sinks, plumbing hook ups.
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25 October 2018 | 5 replies
@kyle j.I already submitted my taxes and schedule e to the new lender.
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25 October 2018 | 7 replies
And the members will report NET rental income/Loss in the Schedule E of their personal return.
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11 January 2020 | 81 replies
This provides a second method other than tenant deposits, it is e-bank compatible, and scalable on autopilot as it takes merely a minute to do.
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29 October 2018 | 10 replies
James,Should go get E/O insurance.
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29 October 2018 | 98 replies
Since this is your first eviction, paying an attorney to handle it may be worth its weight in gold. 1.
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28 October 2018 | 6 replies
Personally, I would put more weight on his criminal background check and past landlord references than employment history and credit reports.
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7 November 2018 | 4 replies
If the property was acquired before 2018 then only Sch E rental income from your tax returns can be used.