Ben Cohen
Help analayzing my house hack deal!
22 November 2020 | 24 replies
You could treat it as miscellaneous or a once over for each bathroom at $5k each.
Lei L.
Is this done by termite?
19 November 2020 | 10 replies
What's the best way to treat the termites and kill it forever?
Lei L.
Is this done by termites?
21 November 2020 | 12 replies
Just had our house treated for termites.
Lei L.
Is this done by termites?
24 November 2020 | 6 replies
What's the best way to treat the termites and kill it forever?
Steffy Bee
New to real estate in need of guidance please
17 November 2020 | 3 replies
I'm a nurse in NY and treating covid has left me depressed.
Kent Lyons
Portfolio Valuation - 6 duplexes
20 November 2020 | 9 replies
I'm not interested in the 2-4 unit space (either 1 or 5+) and was curious given this was a package how it might be treated.
Casey Crotty
Participating in Section 8
16 November 2020 | 7 replies
Section 8 status is relatively easy to lose if someone is a bad tenant and, because of this, you tend to have tenants that treat you and your properties with a high level of respect.
Lloyd Segal
Economic Update (November 16-21, 2020)
16 November 2020 | 1 reply
Fresh off a World Series victory, Dodgers star Mookie Betts is treating himself to a new house.
Amol K.
Timing of next property for interest deduction
17 November 2020 | 1 reply
The interest expense on borrowed funds that are not paid out or used and simply held in the bank account is treated as investment interest because cash reserves are treated as an investment property.Its is extremely easy to trace interest if you keep separate accounts: If you borrow $15k and use that to buy systems for your business, that is a business interest and deducted as business interest.2) If you borrow another 20k and use the funds to buy the limited partnership interest in another partnership, the interest expenses are passive activity interest expense (Losses resulting from passive income are subject to limitation due to passive activity loss and at-risk rules) 3) If you borrow another 30k to invest in the investment property, the interest on the loan is an investment expense.
Andrew M.
Conventional Lending Question
20 November 2020 | 9 replies
The lender is telling us that even though the other 11 are now treated as jointly for #12 and they are denying the loans based upon the fact that we are not allowed to have more than 10 loans.She is trying to now underwrite one of us singly to see if we qualify, but we were supposed to close in four days and it would be great to save her the time and hassle and close on time.