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15 April 2020 | 9 replies
Also I recommend to find a knowledgeable accountant who is very familiar with real estate, as not all accountants are.As a general rule of thumb, you account for all income and expenses associated with the rental property together during the year, and in the end of the year when the time comes to file your taxes you need to calculate the ratio between personal and business use according to the tax guidance.First, you need to strictly divide direct and indirect expenses associated with your rental property.
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17 November 2018 | 0 replies
If any Americans with knowledge on this subject have information to share that would be greatly appreciated as well.
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2 December 2018 | 5 replies
To my knowledge, conventional loans require 20% down, is that incorrect?
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19 November 2018 | 22 replies
Another note: I think it's probably reasonable for them to wait till' end of month to make you whole, ONLY because if they did it right away, then the tenant paid, they'd have to reverse their payment to you, which over time would create extra transactions.
28 December 2018 | 4 replies
A good real estate agent/realtor should be able to provide you a list of contacts in the area.connecting with a real estate agent should also allow you to start analyzing deals once he gives you access to the MLS.I invest in PA and knowledgeable about the state tax laws within the state.
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18 November 2018 | 25 replies
Is it worth the extra work to list on both?
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17 November 2018 | 3 replies
Giant, bureaucratic corporate behemoth must have SOME human being with actual knowledge and the willingness to disperse it, right?
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20 November 2018 | 12 replies
They think Im incentived to sell to them to get both sides, but when you are making many hundreds of thousands of dollars a year, that one extra side isnt the incentive.
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20 November 2018 | 7 replies
Its hard enough buying here and knowing the market like I do but to expand out to an area is a complete mistake until you are well grounded, knowledgable, financed and educated on the entire investment processes.
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3 April 2020 | 4 replies
I thought that my knowledge of building would be a great strength and it is but you have to know how to manage that strength.