In doing due dil on a newly released tape of junior liens, I see several properties on this that are listed by Zillow as being already sold. I have several questions related to this circumstance.1) Why are these ta...
I will be inheriting a tenant who is a retired custom car builder/mechanic and his wife. Their unit is well maintained, and they currently do cleaning and yard maintenance on the side for other properties. They have...
I've sort of got this question floating out on another thread, but I want to directly ask:As a landlord with 3 rental properties I maintain a dedicated home office. This is the first year I will be claiming the deduc...
I am looking into purchasing some notes. I have a list of private mortgage lenders in my county as a starting point. Do I want to craft a letter and send it out to the note holder? That seems fairly impersonal and did...
Hi guys,
I have a tax related question if any of you guys have personal experience or knowledge.
This year I have invested in several syndication's as an LP (passive investor) at the same time in which I have sold a...
Good Morning BP,As Tax Season approaches, and this being my first full year of real estate investing, I realize that the one task that I personally am absolutely am horrible at and hate doing is bookkeeping. I have t...
My daughter is currently residing in my upstairs unit, along with a roommate. The roommate has a scheduled surgery for a dislocated shoulder, I was told the boyfriend pushed the roommate out of a moving vehicle. I tol...
Hi all!
If I had a rental property with exactly zero cash flow at the end of the year (after paying for mortgage/escrow/insurance/maintenance/etc.), would some of my depreciation expense shield the funds that were us...
I have a house that every month the person is late. I charge late fees and so far he has paid them. But he is still late VERY LATE every month. I am continually running into trouble because I have to hound this guy...