This last November marks one year of being a land lord. What I need help with is what can I write off for my taxes outside of the normal office space write off, portion of the utilities, gas mileage, computer write of...
Scenario: two people agree to a buy and hold partnership agreement on a multi family property. Both partners are going to put in the exact same amount of cash. However, one partner is hands on, lives in the area, and ...
How many others are thinking about changing career fields? I keep looking at the housing trend and it's just getting horrible and I see no end to it. It's like the 80s all over again. Trend is going straight down!
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I have a family member who is a pretty successful business owner and I know he has money just sitting in a bank. I want to ask him to loan me some money so that I can get into real estate deals. How should I go about ...
What do people think of Airbnb's "Extra Guest Fee"? Good idea, bad idea? I've recently had to switch cleaners and that is costing me an additional $50/stay. I could pass this along directly in the cleaning charge, but...
Wondering if someone can give some newbies advice. We are looking at making our first purchase of a single-family home rental property out of state. The particular home is $200 K and we could supply 20% down. We just ...
I've come up on a unique scenario where there are some lots for sale that there is no legal access too. The trick is there is access to it, plotted out public right of way on a map. However in this subdivision they...
The backstory: There is a triplex for sale in town, in a higher rent district, beautiful building, I REALLY like it. The current owners inherited it about a year ago and the rents are well below market. From what I...
I'm purchasing a commercial apartment building and the short version is that the Seller is willing to close immediately (which I prefer) but has asked to carry the loan through December. His reason is that we are help...
A possible tenant makes close but not above our minimum x3 monthly rent income. But receives extra in child support, would you accept that as a income?