28 March 2020 | 1 reply
We can live on just my salary and also have an emergency fund that will last us for about 6 months if we would both loose our jobs.Would you advise to continue with buying this property, should I try to negotiate the price down due to the uncertain situation, or should I totally back out and take my escrow losses and look again when things settle down?
6 April 2020 | 7 replies
I bought a small refridgerator for their food that they only have had to use for one week, but they are now asking for reimbursement for the spoiled food items and laundromat cost.
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28 March 2020 | 3 replies
You know, if my renter doesn't pay rent I can just "write off" the loss rent.
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29 March 2020 | 6 replies
Businesses with losses can carry back net operating losses (NOLs) to prior taxable years and get refunds of earlier taxes paid."
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29 March 2020 | 6 replies
Just food for thought.
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29 March 2020 | 26 replies
Although I know this isn’t the best time to buy I won’t be taking huge losses on the appreciation aspect.
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29 March 2020 | 1 reply
Can deduct unlimited real estate losses off regular wages, no income restrictions, and retroactively to 2018.
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31 March 2020 | 7 replies
Will Class C type tenants be the quickest to bounce back from job loss as they shift to these new employment offerings with greater ease.
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2 April 2020 | 88 replies
I was forced to sell the flip for a $50,000 loss.
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12 April 2020 | 5 replies
They are referring to the excess business loss limitations under 461(l) which was encacted under the tax cuts and jobs act.