David Zheng
Taxing rental income or rental cashflow
25 May 2016 | 8 replies
For tax purposes, you also deduct the interest portion of the debt service you paid in the year (only the interest portion, the mortgage principal paid is not an expense).
Michael Hassell
First meeting with portfolio lender...
26 May 2016 | 6 replies
A portion of the extra money for repairs actually covered all closing costs so I ended up getting a check at closing.
Ryan Dixon
A math teacher thinking of real estate
3 June 2016 | 17 replies
But I'm thinking pretty seriously about trying realty on for size before I drop $40k to do that.
Account Closed
Contemplating escrow co start-up. Questions.
25 May 2016 | 3 replies
A major struggle in the Escrow side is that a good portion of DBO escrow companies are owned by an Escrow professional who worked up to the ownership position.
Kory Hannah
Investment from family member
28 June 2016 | 2 replies
If they're supplying a portion of the money and want a specific return, then I'd go with a loan agreement/promissory note between the two of you.
Levi T.
Who needs a platform for Real Estate Deals?
26 May 2016 | 1 reply
You could search for the type of properties you would want, price point, size, owner current debt, etc, etc, and the system will find properties that will likely make a deal.
Mimi H.
weirdo househack: fourplex with a partner / unequal shares - how?
27 May 2016 | 4 replies
He's not interested in "running" a rental and wants to pay for his portion in cash, which helps from a mortgage perspective.
Kurtis Green
Baltimore: New Landlord Info
27 May 2016 | 11 replies
Now take a similar size house in Rockville that is worth $500k.
James Danchus
Is the "rule of 5" reliable?
3 June 2016 | 11 replies
Be careful of these gurus.For instance, roof replacement is not $5,000 - depending on the size of the house, it can be $4,000 or $7,000 or $20,000.
Donn Yu
Buying out of state property in Wylie, Texas - Tips and advice
1 June 2016 | 9 replies
Many properties were damaged with softball-sized hail.