This can result in significant tax savings.If an IRA has rental losses, the IRA is generally not paying tax so there is no tax to shelter.If an individual has rental losses, there is an opportunity to shelter other income, including W-2 or business income, from income tax.

Hi All,I am a first time home buyer and going to be putting an offer in on a flip and wanted to include a home inspection. the issue is the basement is partially finished so access to walls is limited.

I would get property tax returns from seller to accurately determine an expense trendline, and also make sure your ROI is including an adequate set-aside for reserves, especially for a property of that age.

I already started shopping in case a change became necessary and also noticed that Allstate was higher (though it included the smaller claim on the house currently with SF).

Annual additional expenses run about $1000 per year, to include insurance, maintenance, etc.

You must include a clause in the lease allowing cancellation if the owner redeems.

Shouldn't the contractor include a contingency amount within his/her fixed price quote?

Which means it needs a lot of repairs, maybe as much as $30k or more, including new roof at maybe 10k.

Considering the small numbers of the units and that ALL utilities are on 1 meter You should consider adding the cots t the rent and just leasing it at $xyz include utilities. 

What real return (including all recurring costs and not including unrealized gain like principal pay down, etc.) can you expect with 25% down, 30 year fixed?