Chris Marshall
Renting out the home I live in to move into a live in flip
Hello all just a quick question on the numbers or this idea my wife and I are playing around with. Right now we own a 3 bedroom 2 bath 1400sqft home in farmington MO. We are thinking about renting it out so we can mov...
Vlad Popovici
Can you split reno tax deductions across several years? (Canada)
Hi everyone,I have a question specifically about claiming expenses (tax deductions) on "major" renovations/repairs for rental properties, specifically in Canada (but perhaps US has a similar system).As far as I'm awar...
Jill Rossi
How much do you pay for painting?
In NC, what's the typical sq. ft. price you pay for painting int. and ext.? I have a 1 story 1600 sf house outside of Charlotte that needs to be totally repainted inside and out. Half of the exterior is brick, which...
Izaiah Daughton
W2 Income with new side business
Hi guys, currently I have a factory job I’ve been working for the past 6 months, I can push and work overtime to make 4-5k a month until tax season for my W2 (income would be 45k after taxes). Although, I was thinkin...
Kevin L.
New way of scam?
I have two rental properties, recently, I had to put both on the market for rent. I put on zillow and craigslist first without agent's help. I'm not sure if it is just me or this is something common nowadays. I got re...
Jordan Hanks
Logistic Question-Cleaning my Airbnb
Hi Guys. About to launch a couple new airbnb properties and I have a question. For the first airbnb property, I'll be cleaning it myself and it won't be that much work. The second one, opening in a couple months will ...
Larry Watson
Should you let a tenant manage apartments they live in?
I am considering purchasing an apartment with 28 units. When I ask for the expenses under managemnet fees was $0. When I inquired they said they let a tenant manage everything including changing the filters, looking a...
Melanie Baldridge
“How much will I save in taxes this year if I buy real estate?”
Here is a framework to think about how buying properties creates the most tax efficiency for you.
The 6 levers of depreciation:Lever 1 - % of LandOne of the components of a property is land.Land is NOT DEDUCTIBLE, so...
Account Closed
Recently Licensed in CA, looking to start in Commercial RE
I am a newly licensed agent in CA and I am looking at a career in commercial real estate. Does anyone have any advice or recommendations on where to start with a brokerage or the career path? (I'm in the LA area) Than...
Andres Munoz
Thoughts on "Corporate Tenants"?
Hello,I was just wondering if anybody here has had any experience with a corporate tenant and whether these tend to be great or not so great deals? I've been seeing a few properties in my buy box being sold with maste...