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2 January 2025 | 30 replies
Damage after deposit, legal charge, skip out, unpaid utilities lists go forever.... and of course eviction process takes at least 60~90 days here while lawyers are asking $600 to just start with the case.
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22 December 2024 | 23 replies
Hi Brett, I would opt to utilize a HELOC.
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18 December 2024 | 3 replies
-As far as trying to sell land with no access, sometimes I've sold those to neighbors who want to increase their acreage, or utility companies, cities or other public entities who could use the piece for whatever reason.
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15 December 2024 | 13 replies
But 1k a month in utilities definitely seems high.
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30 December 2024 | 819 replies
I just paid off my last utility bill.
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15 December 2024 | 1 reply
One of the methods I plan to utilize is to list the space on craigslist.
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14 January 2025 | 329 replies
While the 3-month mortgage deferral sure helps now, I still have to pay utilities, taxes, insurance and maintenance on my house.
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19 December 2024 | 12 replies
As mentioned elsewhere, breakeven on cash flow is not the same as break even for taxes.Let's make some assumptions:Rental income = $1000Mortgage payment = $400 - but $300 is interest and $100 is principalOther expenses (repairs, advertising, utilities, etc) = $600Depreciation = $250The above scenario creates a break even from a cash flow perspective, however the tax scenario looks like this:Rental income minus the mortgage interest (principal is not deductible) minus the other expenses minus depreciation looks like this:1000-300-600-250 = $150 LossIf your income is over $150,000, then you cannot deduct that loss, but you can roll it over to future years.
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17 December 2024 | 22 replies
ABC kept the first two and half months of rent from the rental guarantee for tenant placement fees and utilities (water, electric).
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13 December 2024 | 3 replies
I need something simple that I could utilize today.Thanks you will not be able to get something today. in order to pull credit typically you must have a background check done on you and the company will also come visit your office and confirm you have specific security policies and procedures in place.