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29 January 2025 | 6 replies
They pay rent before the due date, clean the property after every client, and if something breaks they usually repair it before I'm aware because their clients will give them bad ratings.
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12 February 2025 | 12 replies
However, passive loss limitations apply—if your AGI exceeds $150K, you may not be able to deduct the full loss in the current year but can carry it forward to offset future passive income.Future Considerations: If the property generates taxable income in later years, Kansas allows a credit for taxes paid to Missouri, but since you’re reporting a loss, this doesn’t apply.
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7 February 2025 | 6 replies
Consider cleaning, lawn care, snow removal and supplies as well as utilities in your calculations.
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22 January 2025 | 22 replies
Very easy to clean and it still looks pretty good instead of flat or matte sheens.
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11 February 2025 | 13 replies
A turnover means repairs, painting, cleaning, marketing, vacancy time, and lost rent, so a small discount is often a better financial decision than churning tenants every year.There’s a lot more to consider, but these are some key lessons I’ve learned.
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23 January 2025 | 0 replies
It is a freehold property, recently renovated from top to toe with high quality, large garden, and kept very clean at all times.
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25 January 2025 | 3 replies
If they qualify as tenants, you might need to honor tenant rights or negotiate a settlement to vacate.Market Potential: A two-family home and a single-family unit could be a great income-generating property post-rehab or resolution.
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2 February 2025 | 10 replies
I live in Dubai and I also invested a bit in the US over the past few yearsBut I was interested to continue investing in Dubai , maybe at least get a few rental properties to generate some cash flow.i would be interested to discuss with anyone who has similar interest or who has been successful in this ?
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23 January 2025 | 5 replies
I’m no longer house hacking, and all three units are rented out, generating a total of $8,200/month in rental income.
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21 January 2025 | 20 replies
Leverage is key and will create generational wealth in less than 10 years.