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24 March 2018 | 10 replies
To me, it punishes tenants who's hardly at home.
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23 March 2018 | 6 replies
Generally you want higher income two years before you apply for financing, so you could change your tax strategies depending on which years you need a loan.The most interesting real estate tax tactics to me are the 1031 and cost-segregation depreciation.Also, as a retail business owner, you can qualify for some SBA financing that will allow you to owner-operate commercial real estate to where you could run your store in a building while renting out some of it at the same time to generate that income.And for commercial you can use the income from the target property to help your income.
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12 April 2018 | 23 replies
I had no idea I'd ever be renting this house out so those types of things never occurred to me at the time of purchase.
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4 October 2020 | 11 replies
To me, getting guaranteed rent at this point is worth the risk of a rough tenant moving in.
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21 March 2018 | 7 replies
We received for the first time a 1099 Misc. from a Commerical Tenant of a property for rent that is held in our Self Directed IRA. She sent it in my name, not the Trust companies name. Question - should I do a Correc...
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12 April 2018 | 5 replies
That doesn't look like a good house hack to me because you won't get a break on financing by living there.Building cash flow with single family is good however you are going to need equity, not cash flow to step up to a property like that.
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13 April 2018 | 6 replies
That $1300 seems reasonable to me, but if you can only get $1200, your margin is getting much slimmer.
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13 April 2018 | 4 replies
Seems incongruent to me that someone mowing lawns is billing out at $120/hr.
13 April 2018 | 2 replies
I assigned the contract for $1000 paid directly to me.
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13 April 2018 | 2 replies
Seems to me that rent level and the expenses make this a weak deal.