Wai Chan
20% pass through deduction for rental income
4 June 2018 | 5 replies
With these entities, any profit earned from the rental activity is “passed through” to the owner or owners’ individual tax returns and they pay tax on it at their individual income tax rates.Thanks.
Anton Watt
Looking for Deals in the Sticks!!??
6 June 2018 | 6 replies
With out all the competition in the metro area, Absentee Owners could be a pretty good bet since you won't run into as many investors mailing to them.
Michael S.
Tenant wants to sand/refinish deck
4 June 2018 | 9 replies
Of course you can do what you want, but there's a good chance it will not go as planned, and either you or the tenant will not be happy.If those decks are due for a refinish, and the refinishing is pretty easy, who don't you send a handyman over there to do it, or go over there yourself if you're a more active sort of landlord?
Stephanie Jamgochian
Prospective Tenants: One has Poor Credit; the other has Good?
6 June 2018 | 6 replies
I'd be a little more worried about the 2.7x rent. 3-3.5x rent is the safer bet. 4 dependents on one salary is also a big red flag.
Jessica Freesia
Business checking and savings options
5 June 2018 | 9 replies
Zelle .com has partnered with over 30 banks in the U.S. to send money to individuals regardless of who they bank with and the funds goes right into your account.Just make sure you have a unique email or phone number so your tenant can add you as an contact to pay you.After the setup of your chase account and the activation of quick pay, test it yourself to ensure it works correctly (which it would) try having someone you know send like a $1.00Hope that helps...sorry for the long memo...
Sigoura Edge
I need serious help!
5 June 2018 | 11 replies
If you didn't over-pay for the house and he didn't charge you closing fees I'd just adhere to w.e he says....Your best bet is to post on Avvo and see what the lawyers say (its free).
Yvonne H.
How do apartment complexes handle evictions
6 June 2018 | 7 replies
I bet the big ones go every month.
Dan D.
How do you stay motivated to keep flipping, investing, etc?
4 June 2018 | 2 replies
If you are a troglodyte and simply say "um" & grunt now and then, you probably won't like being an "active" investor.
Autumn Alexander
South Florida - Looking for investors that want to connect!
13 September 2018 | 39 replies
I refer you to Florida Statues 475.42 and 475.43 and the following URLs. https://www.richardhornsby.com/crimes/regulatory/unlicensed-practice-of-real-estate.html https://swflreia.com/2016/01/19/unlicensed-real-estate-activity-florida/ I have been a Real Estate Investor, since 1998.
Ben Davis
New Investor Strategy
5 June 2018 | 11 replies
I am active in the same areas you are looking.