Rachan M.
Tax implication: rental property with full-time job
7 March 2017 | 4 replies
If I were to buy a rental property that rents out for $500 less than expenses (mortgage, repairs etc) each month, will this loss lower the taxable income from my job?
Lue C.
What are you investing in with your IRA?
10 March 2017 | 24 replies
This is for sure a tax related question - but from what I understand about it is that because it is already tax deferred , that you cannot take deductions for losses from it.
Kristina Inglis
No access to tax returns until under contract??
8 March 2017 | 14 replies
You usually have a feasibility period or due diligence period where all of these documents are disclosed.
Damion Anderson
The First Deal.. Looking for Advice!
15 March 2017 | 10 replies
Sometimes it's best to cut your losses and find ways to either do it better next time or make up those losses as you're moving along in the deal.
James Baker
VA Home loan investing Basics
11 March 2017 | 6 replies
I would like to try the BRRRR strategy but am not sure if that is feasible with this type of loan.
Camie Jelinek
Multi family accounting
7 March 2017 | 5 replies
If I receive rent for February in March, it's going to show up in March's profit and loss statement.
Mohammad Zahid
My first flip, need some advice!
8 March 2017 | 3 replies
Ideally, you should get added to the title and insurance, since your money is going to the rehab, and you need to be secured in the event of a loss.
Jithin Yohannan
Investment in Lawrence - Low Comps but good NOI
7 March 2017 | 4 replies
If the comps are really $15k or more less than your purchase price, you'd take a big loss on the sale because you wouldn't have paid down much of the loan by that point.
Ed Brady
OK to put Pay or Quit notice in the mailbox
8 March 2017 | 8 replies
Will I run into problems in court based upon the fact that I placed it in their mailbox vs taping to the front door (which wasn't feasible due to the rain?)
Matt Schambeau
Newbie - Atlanta, GA
14 March 2017 | 17 replies
@Chris Schuler and @Ethan Atkinson, the Falcon's loss was brutal...I couldn't watch sports center for a couple of weeks after the game.