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13 June 2019 | 1 reply
Then you are already the tax payer for the old property because that property is reported on you and your husbands Schedule E.
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17 June 2019 | 6 replies
Here was a good potential BRRRR I found a couple weeks ago as an example:https://www.redfin.com/WA/Spanaway/6317-200th-St-Ct-E-98387/home/2732559
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18 June 2019 | 1 reply
It's a good chance that the family member is the personal representative.Whether or not they're using an attorney the PR is the go to person you'll want to reach out to.The best method and approach is to send a letter, telephone call, door knock and if possible an e-mail introduction..
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19 June 2019 | 4 replies
It is right around the corner of a few of my properties and I was already headed that way to check on mine and take a few pictures of other clients properties :) I've got some pictures and videos, if you wouldn't mind sending me a PM with your e-mail...I'll get these sent over to you!
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24 June 2019 | 17 replies
I paid the following:Purchase price - $34,000Downpayment - 15% or $5,100Origination Cost (A) - $1,382.52Services Borrower Did Not Shop For (B) - $546.26Services Borrower Did Shop For (C) - $768Taxes & Other Governmental Fees (E) - $115total- $7,911.78Is there any way for me to get into residential multi family or commercial multifamily for 15% or 20% down and keep closing costs to a minimum which I think I have done a pretty good job at this far ?
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18 June 2019 | 1 reply
If they aren't using E-sign documents then that kind of stinks, but if you're talking about the final deed and everything then that's also up to the closing attorneys to mail those documents to them for closing.
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27 May 2020 | 2 replies
@Ruth Bayang Did you end up e recording any docs with the deeds.com?
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13 November 2019 | 6 replies
General answer is need to show 2 years Fed tax return Schedule E.
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11 July 2019 | 7 replies
Welcome to Bigger Pockets, @Antonie E Fields!
27 June 2019 | 1 reply
Follow this six-step procedure to account for the property’s rental income and all the expenses.Step 1: Report 100% of rental income on Schedule E of Form 1040.Step 2: Deduct 100% of any direct rental expenses (such as rental agency fees and advertising) on Schedule E.Step 3: Allocate mortgage interest and property taxes between rental and personal use.