E Bakersfield should be better than gross rents 1% of purchase price.

So for example 2/3 of your property taxes would go under that property on Schedule E, and 1/3 (your part) would go on your schedule A for itemized deductions.However, this is a case where an accountant makes you more than you pay him.

I aim to achieve an IRR in the high teens to the investors using very conservative and achievable assumptions, while leaving enough meat on the bone to carve out a promote for doing my part.

I've talked with a couple over the phone and via e-mail over the past few months and have an in person meeting set up with one of them next week.

By the way, sign up for e-mails and mailers for Harbor Freight, and you'll get lots of coupons.

The problem now is more and Moreno people want to flip......and there’s only so many houses to go around.....and there’s only so many houses that aren’t overpriced or where the house isn’t beat to h e l l.

The main thing that sets DirectSubs apart from say Thumbtack, Craigslist or Home Advisor etc is that it was specifically created for R/E Investors and the Contractors who typically work with R/E Investors.

Most people think maybe I should purchase E & O insurance.

There are a myriad of middle men in the industry and no doubt you will get some PM's from those that lurk on BP for buyers.I wrote an e book on the do's and don'ts of investing in the mid west cash flow markets that I am happy to send your way just send me a pm with your e mail.bottom line is you get what you pay for.. especially in the bigger cities. buy the nicest you can.. the properties that are super cheap with high advertised returns are just that advertisements.when buying through an agent in LA they are making a fee that you pay for on top of the home so as long as you think your getting value..

In general, financial institutions "see" VRBO income from line 3 of your property's Schedule E on your tax return(s), right?