Keith Acfalle
HELOC for a new investor
Hi Everyone,Hoping to get advice on using HELOC for a down payment on a house.My parents are planning to put their Lake Stevens, WA house under my name which would allow me to use its equity in the form of a HELOC. As...
Julio Gonzalez
Top Home Tax Deductions
Your house isn’t just your haven—it can be a financial asset too. Here are 10 tax tips every homeowner should know:1️⃣ Mortgage Interest Deduction: Deduct interest on loans up to $750K!2️⃣ Property Tax Deduction: Clai...
Ali Mol
Question about Treating the Credit in a Lease-to-Own Agreement
We signed a lease-to-own contract for 60 months. At the end of the term, we are obligated to provide a $100,000 credit at closing toward the purchase price for the buyer/tenant. This credit amounts to $1,666 per month...
Account Closed
Depreciation and Capital Gains on a Primary with rented Bedrooms
I purchased my first SFH home this last year that I have moved into as my primary and I am renting out the extra bedrooms in the house. I have been trying to read exactly how renting out the bedrooms will effect my ta...
Lyn D.
What is your policy on smoking and pets?
About to try to rent out my parents house for the first time. I'm trying to figure out what my policies should be. It's a single family house in a quiet suburb. Will I have trouble getting a tenant if I refuse pets? O...
Scott Roelofs
Multi-Family Valuation and Depreciation Expense
We attended an event that had renowned author, podcaster, and 2000 plus door owner, Rod Khleif. During his presentation, he made a point of why multi-family was so exciting that caught my ear. He spoke about the valua...
Jessica Vollendorf
Insurance Policy on a LLC
I'm looking for some knowledge around insurance. I own a rental property and it is a LLC. The property has 2 different units on it. The main house and an accessory dwelling unit. Each unit is rented out to different t...
Pam Grim
What Cities Have Great Cashflow?
This may be slightly off subject...I was wondering how you research what other cities also cashflow well overall?
Thanks, Pam.
(I'm an extreme newb.)
L Huang
Taxes when convert Primary to Rental to Primary - 2009 Exclusion?
Hi Everyone, Happy Holidays!In this article about "Taxes when converting your rental to primary" - https://www.nolo.com/legal-encyclopedia/taxes-when-you-convert-your-rental-property-your-personal-residence.html, it m...
Edwin Duran
Is This Legal?!
So Ive got some written contracts, Im wondering if i could sell these ?! Is it legal ?Examples include applications to rent, lease options.. etc