Cody Godfrey
Raising cash needed to close a deal
1 June 2020 | 10 replies
Tenants pay all utilities (W/S/T/E/G) I'm also being conservative as saying I'll put $100 aside a month for maintenance reserves even though I really dont see myself using that because again, this is as turn key as it gets!
Emily Schultz
Robert Smith
In need of help understanding incumbrance of a property
3 June 2020 | 3 replies
Noorda and Irene E.
Ayan E Das
Cashout Refinance on Primary residence to buy Rental Property
2 June 2020 | 1 reply
I am planning to do a cash-out refinance of ~300k on my primary residence, and use the entire money to purchase a rental/investment property.Can I deduct the mortgage interest of the cash-out refinance loan on the Schedule E form, and use the mortgage interest against the rental income?
Brad E.
Zoe Mercier
What if a 5th mortgage is your primary residence?
5 June 2020 | 3 replies
In many cases the most recent year of schedule E income will be used, and if the property is not listed on Schedule E yet (if it was recently acquired), then 75% of the lease amount will be used.
Will Dixon
Underwriting treatment of passive losses from a syndication
6 June 2020 | 5 replies
Now, one side bar here - if you have a standard W2 job from a company that you do not OWN....then any loses from a Schedule E company do not matter.
Bernie Neyer
New Build Questions About Counter Tops
7 June 2020 | 24 replies
I'm sure you've seen the crap a tenant can try to get down a drain, but first it sat on the counter top.i had a tenant pour their bong juice down the SS kitchen sink.
Joel Polanco
What do you think of these numbers?
8 June 2020 | 3 replies
The link to the property is here: https://www.realtor.com/realestateandhomes-detail/3911-E-Henry-Ave_Tampa_FL_33610_M69873-01588?
Michael Klinger
Property Manager has resigned and locked me out of the books
9 June 2020 | 13 replies
Mail and e-mail it too them.