If its not yet rent ready, or wasn't by 12/31/2012, then very little of what you spent is deducible on your 2012 taxes.

Thank you for any information you can share... and to any New Orleans investors: im ready to learn :)

I'll do a quick calculation to see if the property is going to be worth going to look at using estimates for rehab.Calculation:Rental rateminustaxes: this will be on crsdata Ins: I usually calculate $1000-1100 for the yearMisc: 10% of rental incomeProperty manager: 1/2 1st months rent plus 10% of the next 11 months usually comes out to 12%Exp:Rental income: $750(property management: $100)(Taxes estim $900/12: $75)(Insurance: 1100/12: 91.66)This is variable it could be lower(misc repairs in future: $75)= $408.34 per month profit or $4900 a yearThis is a great profit if you get a house rent ready under $20K.Thats a 24.5% Cap rate.

Currently in the process of getting a SFH ready to rent.

When you get your fonts ready, do you print it out on plain 8.5 x 11 printer white paper?

inspector showed up 1 day & got red tagged, with a stop order, for no permit (my fault). we applied for the permit & 2 days later, i called the inspector to apologize & when would the permit be ready as my renters want to move in march 2nd but i said i can't until everything passes. he said it was fine, he spoke to my licensed electrician, & signed off for the permit. i asked if i could pick it up. he asked for my ph# & said he'd call me back.i then called the village clerk to ask about the status. she said, "it's here. come pay for it & pick it up."

You WILL have to file them once the property is placed available for rent.There really is not much you can do being that the property was not ready and available for rent.

Moves and transfer or someone approach to buy my unit.I'm also getting ready to get my license.My rehab should be down in a few weeks.If I pass exam it will be under my chosen broker until I have my physical license.I haven't had any new agent training.

Good friday BP community,Just moved to phx from vegas and ready to see what the state of the market is here.

Make sure that the credit card has no strings attached and doesn't cost more than $30 a year or so.Credit card companies use to just throw credit cards at students getting ready to graduate.