Anirudh Reddy
Who can claim interest paid on a seller finance property?
28 January 2025 | 15 replies
If the IRS has a Form 1098, they assume that the person listed on the form made the payments, and they move on.
Rafael Valdor
Renting out my townhouse: DIY vs. PM vs. Realtor
11 January 2025 | 14 replies
Property management is a separate license in Alberta.Correct.
Jack Cottrell
New to the group
7 January 2025 | 3 replies
I own a roofing company in Denver and a separate gutter company there too.
Mike Levene
House Hacking In Expensive Markets
16 January 2025 | 23 replies
When ADU is complete, rent it or move in and remodel main house.After a few years, I think it is highly likely (again wouldn’t count on it, but would leave the possibility open) that CO allows and encourages those who build ADUs to subdivide their properties so that more people can own their homes.sell the ADU and main house separately, benefit from enormous upside.
Mike Conner
Investor wants to trade properties - seeking advice
12 January 2025 | 2 replies
My duplex - built 1989, 2,060 sf, 2 bed/bath, 1 year old roof, value if I subdivide (county already approved) and sell each separately $150k each ($300k total)Investor duplex - built 1995, 2,300 sf, 2 bed/bath, 5 year old roof, value around $310kThe investors initial request was for an equal trade and they would pay realtor fees, which I replied wouldn't be equal due to buying/selling costs (recording fees, title insurance, closing fee, survey, inspections, loan fees, 1031 fees, accountant fees, repairs), taxes would increase due to new sale price, I'd trade a 3.75% mortgage for a higher one, and I'm on the 10th year of a 30 year loan so resetting that to a new loan would restart amortization and pay more towards interest.
Taylor Hughs
Scaling: Why should I buy single families first then multifamilies later?
7 January 2025 | 8 replies
If I were to get 8 separate single family homes, I would 8 roofs, 8 foundations, and 8 structures.
Edward Toomey V
5 months using RentRedi and I HATE it
19 January 2025 | 55 replies
Short story, landlords tend to run away from QB, not towards it.You might give other software designed for landlords a try before moving back to QB.
Cody Ford
How do you know when a house is too old?
6 January 2025 | 5 replies
The property does have heated radiators through out each unit. everything is separated for each unit electricity, gas, and window units in each property.
Bob Asad
Wouldn't a Subject To Hold the Seller from Moving on?
2 January 2025 | 1 reply
I've been reading more about subject to and here's what I've learned:-Good for sellers who are off market-Have low to no equity-Have a mortgage with a low interest rate (less than 5%)-Be absentee or out of state (vaca...
Jonathan Greene
How to Diversify Your House Hack to Recoup More Cash Flow
30 December 2024 | 4 replies
I do think you need a separate entrance option or at least two entrances in a four-plex to make it easier on the LTR tenants, but if you are open about it form the start, everyone gets it and you choose the unit composition based on which ones will be STR or MTR.