Thomas Youngman
Property Investment in Portugal
19 January 2025 | 269 replies
Between lovely countryside and stunning coastline, great food and super friendly people I love this place!
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.
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.
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).
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.
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
31 January 2025 | 47 replies
@Mary Jay yes and that’s counting even big ticket item repairs averaged out so my monthly is actually higher.
Garrett Brown
This ONE Change Can Boost Your Airbnb Ranking
31 January 2025 | 27 replies
What is the speed of the internet, is it hot water (international property holders), is it AC.These basic clear descriptive items are great because if the price is fair and it clearly states the benefits.
Thanh Lu
For owners, self management vs hiring a vacation rental company?
31 January 2025 | 19 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.
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.).