Mandeep Randhawa
Looking to purchase a home and 2013 taxes not filed...
3 February 2014 | 5 replies
The reason I ask this is that I opened a dental office(S corp) in 2013 and it will show losses, but I would like to maximize the amount that I can get for a new home so would an extension on my taxes allow that for me?
Ebe Chinweze
Our SFH was rented this weekend!
3 February 2014 | 6 replies
Part of it was a learning curve(i.e. check public eviction history prior to meeting applicants there if you don't accept those who've been evicted, or having them call to confirm the day of showing so as to not stand you up) The other part is our strict criteria (current home inspection, employment verification, landlord verification) we invest in a working class neighborhood where people tend to shade the truth more often than not.
Lee Davis
Has anyone used RealityShares?
14 February 2018 | 46 replies
There is a nascent crowdfunding industry group and my hope is that they will address this issue or risk a huge loss of confidence in the business.
Harry Campbell
How Can I Take Advantage of Depreciation?
10 April 2014 | 23 replies
The excess depreciation that you did not use to offset income also adds to your tax loss.
Sam Leon
A neat little landscape project with pictures
9 February 2014 | 13 replies
In between the two borders where you see the light blue shaded areas are to be river rocks, "flowing" into the "pond" with the two palms.
Josh Cordle
Tenant Search
9 February 2014 | 11 replies
We will likely take a loss of a few weeks or even a month of rent, but will get more candidates.
Garrett Jacks
Seeking RE Attorney/Entity Advice
8 February 2014 | 12 replies
I have an LLC and it's a pass through entity - income or losses pass through to my personal tax return.
Mark S.
Duplex Analysis: 3/2 per side
9 February 2014 | 3 replies
Tenants to pay all utilities.Estimated Taxes: $1,850/yr (on high end; could be closer to $1,400 on low end)Estimated Insurance: $700/yr Taxes + Insurance = $212.50/moOther ExpensesProperty Management (@10% only when rented): $130/mo-vacancy = $112/moVacancy Loss (@ 13.90%): $2,168/yr = $181/moThis is extremely high and could be unlikely, but according to a website I use for information on the area, it says this is the average for this area because of seasonality.
Asim R.
RedFin experience. Am I being unreasonable?
11 February 2014 | 5 replies
That is your warranty that if the market turns south, or if you paid too much, you can wait it out and not have to take a loss on your property.
Hyke Grigorian
Young man aspiring to become a future investor!
10 February 2014 | 9 replies
Instead of taking a like $30K loss we rented it out for a modest cashflow.