
9 March 2017 | 3 replies
You also cannot convert items which normally would not be deductible (insurance, repairs, depreciation, etc on a personal residence) to a deduction.Ask yourself this - if this were legal, wouldn't everybody do it?

6 March 2017 | 1 reply
The deal would be a completely turn-key investment, as I would own the note on the mobile unit, and I would not have to do any maintenance, etc as a normal landlord would.Everything sounded great on paper, but here's where a got overly suspicious:1) The one-page, loosely written contract he provided did not disclose any address or rental property infornation, nor were there any lease/loan terms or agreements set forth. 2) The urgency to close the deal.

8 March 2017 | 4 replies
A normal amortization schedule will take quite some time to chop down on 20% equity normally required if you buy exactly at market value.

10 March 2017 | 3 replies
Mine could certainly stand to be more systematized, but it normally includes a 5:15 wakeup call, cup of coffee on the way to 6 AM Jiu jitsu, bolt home to shower, meditate (Headspace and Sam Harris' meditations), prepare lunch, and I’m out the door.

6 March 2017 | 1 reply
This form will be an addition to your normal federal filing 1040.

6 March 2017 | 0 replies
Hi guys, is it normal for a seller of a property to tell you they cannot give you the exact actual rent figures because the property is managed by a third party leasing company who will not disclose the information?

13 March 2017 | 16 replies
I also plan on "paying myself" that rent every month as if I were a normal tenant, simply to get accustomed to the accounting/ managing of the numbers.

26 April 2017 | 23 replies
It is normal for insurance policies to be bound with an effective date of closing or date of auction win and then take a few days or weeks for the actual full policies to be processed and issued.

7 March 2017 | 4 replies
Unless you're a real estate professional in your full time job- then you may be able to take all losses against normal income