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19 March 2018 | 3 replies
As long as it is agreed up-front and in the lease correctly, there shouldn't be any problems.Another idea for you is a month-to-month fee.
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19 March 2018 | 3 replies
I'm new to rental property management and I'm having trouble putting the right price on my duplex in the Blossom Hill valley in the Bay Area.. Due to the lack of duplexes, it is very difficult to find comps within re...
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19 March 2018 | 1 reply
. $200,000 Loan Amount $180,000 (20% DP) 5% interest for 30 years.Property DataCurrent Market Value $200,000Tax Assessed Value $174,390Tax Rate 2.3%Current Market Rents $1500Seller made first 5 years of payments (The amount paid off in these 5 years shouldn't factor into my cash flow calculations, correct?)
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20 March 2018 | 1 reply
Depreciation is a deduction against passive income (Sch E), and it is never "written off against ordinary gains" (which is not a correct expression either way).Here is the IRS Publication 527 link.Dealing with HOA is not my area of expertise, but I suggest to approach them nicely.
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20 March 2018 | 1 reply
You can also check to see if the county has online auctions where you can bid remotely.
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20 March 2018 | 8 replies
Bogus.The Tax Court correctly ruled that transactions were bogus, that it constituted excess contributions to the Roth, and imposed a tax of about $40,000.The Court’s reasoning is very important to REI.
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20 March 2018 | 2 replies
If I'm reading the rules correctly, under 10,000 square feet, RH lots are limited to 1 unit/2,000 with maximum building coverage of 85%.
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5 April 2018 | 12 replies
@Christopher Golden160k for 2 units that are 3bed/2ba correct?
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20 March 2018 | 6 replies
I'm working on correcting those decisions; however, I wanted to know if it's best to focus on clearing all that up first before I try to start investing?
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24 March 2018 | 14 replies
Randy, that’s what I’m thinking as now, if I’m understanding correctly, the past rent is a part of their bankruptcy and they only have to pay future rent.