George P.
Checklist for meeting with the CPA
15 February 2012 | 1 reply
-Steven the Tax GuyYour guide to IRS laws, rules and regulations.
Matt Nusbaum
Is this a good deal/offer
14 February 2012 | 5 replies
Assuming you'll be marketing it as a rental property, the 70% rule of thumb doesn't really apply.
Linda Pierce
Do you need to know if the title is clear? Do you have that as a contingency in your offer to buy contract?
19 February 2012 | 6 replies
Make sure you read the contract either way and know what it says and means so you understand the rules of engagement you are offering.
Chris Martin
Rental revenue recognition at end of year...
18 February 2012 | 8 replies
-Steven the Tax GuyYour guide to IRS laws, rules and regulations.
Jeff B.
32 unit deal, but not seeing it
18 February 2012 | 13 replies
When I use the 2% rule, I come out with a max price of 800k (500*32*.02).
Brad D.
Need Help Renting a Single Family House
18 February 2012 | 6 replies
Some rule it out, others know they want it before ever going inside.Also, while I am pre-qualifying on the phone, if they pass, I suggest they go look at it on their own.
Peter Zhang
roof is 18 years old, should I withdraw my offer, thx!
19 February 2012 | 27 replies
For quick evaluations, you can use the 50% rule which states that 50% of your gross rent will go towards expenses (operating, capital, and vacany).
Steph C.
Taxation of Rehabs that Cross to Next Calendar Year
26 February 2012 | 9 replies
-Steven the Tax GuyYour guide to IRS laws, rules and regulations.
Kelli Van Doren
Package of older SFH
20 February 2012 | 2 replies
If you're paying for a PM, you'll bump right into the 50% rule, which we've discussed in your previous posts.Is there any upside potential here?
Michael Power
Investor vs Dealer - 1031 Exchange
24 February 2012 | 13 replies
If anyone knows of hard-and-fast rules about this I would love to see them.