Brad Ruttenberg
How I've decided to get started
29 June 2019 | 17 replies
It goes back to what I refer to as one of the top 3 problems of many methods of analysis...way too much reliance on percentages, and not enough on the end results in actual dollars.As an investor, schools, nearby shops, freeways, mean nothing to me.
Kris L.
Capex seems like its calculated wrong
23 June 2019 | 4 replies
This is one of my biggest issues with too many of the REI analysis formulas...they rely way too much on percentages instead of dollars...and can be very misleading.
Adam Milewski
Waikoloa Beach - Hawaii
27 June 2019 | 1 reply
Even so, the bottom line on Schedule E will often be zero, because the rental income will often be fully offset by deductible expenses.Step 6: Write off the personal-use percentage of mortgage interest and property taxes as itemized deductions on Schedule A of Form 1040, subject to the new Tax Cuts and Jobs Act of 2017 (TCJA) limits for 2018-2025 (see “TCJA changes affecting vacation-home owners” below).You are allowed to carry over any disallowed allocable indirect expenses to future years when you can deduct them against rental profits (if you ever have any).Controversy regarding how to allocate mortgage interest and property taxes The IRS says you should use only actual days of personal and rental usage to allocate all non-direct vacation-home expenses, including mortgage interest and property taxes.
Scott Spungin
Rental Property Calculators
28 July 2020 | 4 replies
It's OK to utilize generic percentages when conducting initial analysis, but once you identify a property that may be worth pursuing, I always feel it's best to know how large of a furnace i'll need based on the square footage, what the current state of the plumbing and electrical are, does the home have large decks or long driveways that will eventually bear large expenses that you may not incur elsewhere.
Kai Van Leuven
Borrowing Money From my LLC
9 July 2019 | 5 replies
If you have other partners and don't want to affect the ownership percentages draft a note stating he terms and conditions of the loan to the LLC.
Jeff C.
CapEx & Maintenance maximum set-aside?
8 July 2019 | 4 replies
I understand that, as a buy-and-hold investor, it is important to set aside a certain amount of cash in order to cover maintenance and capital expenditures.It seems a bit odd, though, that these are typically expressed as a percentage of the gross monthly income.
Ebi Amiri
Tenant moving out late
3 July 2019 | 6 replies
In a lot of leases, holdover tenancy will result in additional rent, sometimes at an increased percentage.
Tom Port
Questions, questions, questions!
1 July 2019 | 4 replies
@Tom PortThe down-payment percentage can vary.
Sehun Kook
Questions from very new beginner: How to start in DFW
17 July 2019 | 15 replies
As to where you should be searching for Multiplexes, I have provided you with a map (see below) of all of Dallas County and the percentage of properties that have 5 to 9 units for various sub-markets.
Erik Rosenlund
Percentage of RV Storage Income vs.
1 July 2019 | 0 replies
In your opinion, is an acceptable percentage of ground lease rent of the total gross revenue?