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Results (10,000+)
Tony Thomas Should I start a property management company?
24 October 2024 | 12 replies
First, it could help you qualify as a real estate professional (REP), or at least make it easier to qualify, which would allow you to offset passive losses from your rental properties against your active income.
Tucker Mason How Do You Handle Property Management for Out-of-State Rentals?
25 October 2024 | 9 replies
My advice would be to take the time to vet the right PM company because that will be the difference between profit or loss
Audrey Scott First-Time Home-buying Guide
25 October 2024 | 2 replies
Sources for insurance and property taxes: Insurance - ValuePenguin, State Property Tax Rates - Rocket Mortgage.Low risk of natural disaster: Natural disasters can devastate your property and the surrounding community, leading to job losses and the closure of shops and businesses.
Chris G. Storm Damage to Rental Property
18 October 2024 | 3 replies
This is in FL and the lease says "We will not be liable for any damages, loss, or injury to persons or property occurring within your dwelling or upon the premises.
Sanjeev Advani Darden’s Bold Bet on Mexican Dining with Chuy's
21 October 2024 | 0 replies
However, with Mexican food being popular in inflationary times due to its perceived value, Darden believes Chuy's can grow sustainably without needing to become a full-blown national chain.
Miguel Alvarado Tax Exemptions, LLC Structure, and Depreciation for Foreign STR Properties
21 October 2024 | 3 replies
., such as the ability to offset W-2 income with rental losses using accelerated depreciation, but I’m unsure if the same strategies apply when dealing with foreign properties.
Jonathan Krauser Letter's to find Off Market Properties
25 October 2024 | 33 replies
This is very important so see if you can stick with me here.A motivated seller is not someone that want to, needs to, or even has to sell their house (like foreclosure, tax liens, job loss etc. etc.).A motivated seller is anyone willing to sell their house below market value regardless of the reason why.So it is the willingness to sell below market value is what separates a seller from a motivated seller.Take someone in foreclosure.
Archie Barrett How lenders typically calculate DTI
24 October 2024 | 16 replies
(you do not pay the taxes you lose the house, and you do not pay the insurance the lender will put insurance on the property for you)  Assuming the properties are showing up on your tax returns the income/loss will be calculated from the returns using this form:  https://content.enactmi.com/documents/calculators/Form1038.C...The form will allow you to add back your paper loss of deprecation on your returns as well as your property tax, insurance and mortgage interest deduction as those last three are already taking into account into your payment as mentioned in the first paragraph.
Felipe Manoloff Seeking advice on renting out my home with limited landlord experience
23 October 2024 | 5 replies
There are companies that can do this for you.Having the property in your name will not stop you from taking a loss on your taxes, you don't need to move it to an LLC to accomplish that.