Roberto Westerband
First Lien HELOC Strategy
8 September 2024 | 168 replies
Instead of paying just the minimum on the heloc, I would continue the same monthly payments I was paying on the mortgage but theyd be way over the minimum and the excess would be applied to principal and would accelerate me in paying off my apartment.
Adriana McLaughlin
New investor: I don't want to quit my W2 but want to max investing to offset taxes
5 September 2024 | 13 replies
When your rental produces a loss in excess of income (AGI) you have a passive loss.
Claudia Stewart
Dead lawn due to lack of watering on vacant property considered PM negligence?
6 September 2024 | 19 replies
Let them know you intend to hold them liable for the lawn damage and excess utility use.
Diana Jing
Rent To Retirement Review
7 September 2024 | 85 replies
Things like leaking pipe under sink, downspout that needs securing, sewer vent pipe out to the attic, missing smoke detectors in a unit, loose material, etc. are all very easy fixes that we would be happy to make for you.
Charlice Arnold
Investing in Commercial & Multi-Family Properties: What’s Your Strategy?
4 September 2024 | 3 replies
Right now, newer vintages, larger mix of 2 beds, washer dryer hookups, townhome style, median income in excess of 50,000.
Jorge Abreu
Asking for Investments and Referrals - The Investor Call
4 September 2024 | 0 replies
-Establish credibility by conveying the achievements of both you and your company, using factual information without excessive self-promotion.
Matt Le
Looking for anyone who has used water submetering companies
5 September 2024 | 5 replies
Somebody, likely a long term tenant in the building, is using excessive water or won't fix their toilet flappers.
Shane Bishop
Best Accounting Software for Rentals
3 September 2024 | 4 replies
You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.
Marcus Welson
Capital Gains offset by loss on assigned debt
4 September 2024 | 6 replies
The loss is typically treated as a short-term capital loss, which can directly offset short-term capital gains, and up to $3,000 of any excess loss can offset other income.Consult a tax professional to ensure you're handling this correctly and maximizing your potential tax benefits.However, if you lose the money you pay to buy the debt, the deduction from the loss doesn't equate to tax savings dollar for dollar.
Li Kia
Security Deposit deduction questions
4 September 2024 | 7 replies
Faucets are all damaged (missing a cap, handle wiggly, loose): I had all replaced.9.