Alan Asriants
Taking on a major construction project in 2025 - What are some common hurdles?
30 December 2024 | 10 replies
Taking real time notes on deficiencies allows for clear understanding if the items make their way to a buyer repair addendum.
Thanh Lu
For owners, self management vs hiring a vacation rental company?
28 January 2025 | 17 replies
But, on the other hand, if your life is very busy with your w2 job or you have a family to take care of, then maybe having a property management company will do you well and just worrying about larger items.
Paul Lucenti
Maximizing monthly cash flow per unit
28 January 2025 | 27 replies
Certain cap items is fixed or pretty close to fixed whether you are buying a $60K house vs. a $500K house in the same market.
Robert Zajac
Managing my manager - how to best approach maintenance requests
21 January 2025 | 10 replies
When it comes to assessing maintenance costs, one of the best approaches is to request itemized breakdowns for larger repairs.
Account Closed
Paying off Rental or Primary
31 December 2024 | 8 replies
Unless you are itemizing your tax return, the interest on the primary is not tax deductible.
William J Anderson
Introduction and Seeking Advice on T-12s
27 December 2024 | 8 replies
Because looking at the T12 from a 100 units will be different from 20 units will be different from 5 units in some of the line items (account names).
John Davey
Can you deduct interest (primary house) from a home equity loan to buy a rental?
3 January 2025 | 11 replies
The loan does need to be secured by the property being improved if we are talking about a personal residence and personal itemized deductions on Schedule A.
Mike Gi
6 unit 3 story 1 bed 1 bath in Midtown Sacramento
31 December 2024 | 13 replies
How much can you budget for furnishings and all kitchen items and creature comforts for the ones you want to MTR.If you have a vacant 6-unit, you have great possibilities to try all strategies.
Mohammed Islam
Seller trying to keep EMD, financing fell through.
1 January 2025 | 8 replies
I am only familiar with the contract in my state but items seller agrees to do based on inspection findings are their responsibility unless spelled out differently.
Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
I then would have my tax cpa enter in or do it after discussing tax based items (depreciation- MACRS, reserves, year end accruals, reserves, etc.).