
6 February 2025 | 9 replies
Hi thereAccording to IRS guidelines, once a property is ready and available for rent, meaning after you completed the renovations. you would be able to deduct expenses. snce this was your main home, the tax accountant you will use will need to do a conversion from personal residence to a rental for depreciation purposes. the improvement you made, depending on what they are, may be added to your basishope this helps

2 February 2025 | 1 reply
Will rent for 1750/month.Capex items needed soon: roof, water heater, furnaceArea: A area, appreciation is at about 5% a year but average home price is ~$500K so this home will appreciate faster, this will have multiple offers on itDeal #2 - mixed use, small office with a 3 bedroom and a 1 bedroom over it.Ask: 325KCurrently fully rented on one year leases, bringing in 4775/month but only one tenant pays their own utilities plus owner is responsible for snow removal and landscaping.

3 February 2025 | 2 replies
If I'm ever in need of a broker in the DE markets, I will reach out.

1 February 2025 | 7 replies
Most times when evaluating a DSCR mortgage, market rent will come into play.

4 February 2025 | 10 replies
Some will follow staff recommendations almost all the time .. others will not..

6 February 2025 | 2 replies
Will not be doing the work myself again2.
7 February 2025 | 5 replies
Have you comped our what four condos will sell for vs. two duplexes?

22 January 2025 | 203 replies
They fight Federal attempts to remove old wood by suing.
13 January 2025 | 41 replies
Adding in the layer of not being on the loan but holding title just sounds like it will eventually lead to problems like OP experienced.

7 February 2025 | 0 replies
With the right tax strategy, you can maximize deductions and reduce liabilities, while having the right insurance and reserves in place will protect you from unexpected costs.By Implementing a quarterly financial review to assess performance and make adjustments to avoid cash shortfalls.