Eric Hamilton
better to donate or sell
Hi I was recently involved in a scam of real estate. Im trying to recoup my loss the best I can I have two options and want to know which one is the best in terms of losses on taxes and getting more money back on my t...
Joseph Perriello
Accountant Questions
Hey everyone,
I had a couple of quick questions concerning whether or not I should seek an accountants advice. In the past couple of months I started work as a real estate agent and am also wanting to start investing...
Christopher Freeman
Appraiser Missed Two Car Detached Garage in 1st Appraisal
I am looking to refinance a duplex that I purchased in July using an FHA loan, and am trying to get an approximate idea of whether or not there is enough equity to refinance into a conventional mortgage. We paid $163k...
John H.
A Different Landlord software
I have been Practicing with cozy and Stessa, which work great but they are two different applications. Just signed up for TenantCloud thinking all of my problems would be solved. If I’m not mistaken, you cannot conne...
Desmond Price
Rental to help offset 120K in income tax
Hey guys,Im trying to get an idea of how much a rental property could help with offsetting income taxes. Im looking for a SFH here in SoCal to rent out long term. The purchase price is 250,000 and the rental income is...
William Schuster
Meetups in Moscow, ID area?
I'm getting ready to move up to Moscow, ID to finish my undergrad degree at the U of I. Was wondering if there are any meetups in the local area? I have not looked at Spokane yet as driving 1+ hours away may not be fe...
Michael Hayes
AirBnB Rental in 1/2 of property. Do I understand the deductions?
Hello,here's my situation: I live in a house and rent rooms on AirBnB. What can I deduct?1) I live in 1/2 of the house (sqft). However it is only 1 bedroom: I rent 3 bedrooms on AirBnB. My research told me to split co...
Scott W.
Retail Center - thoughts from those in Cincy area
Hi All-I have the opportunity to purchase a retail center in Cincinnati that is currently ~60% vacant -- it's in Hamilton County in zip code 45240 (I believe Forest Park is the actual city). Was hoping someone from t...
Keetaek Hong
Quickbooks .. or NOT for STR
Quickbooks Online Pro recently bumped the price to $99/month. My wife and I only have <5 properties we are self managing. The old adage would say to use Spreadsheet. However, we found receipt management (downloadin...
Dani Beit-Or
HELOC and/or 2nd Mortgage for Rental Properties (w equity)
Hi, Are there any lenders offering HELOCs or second mortgages on rental properties with equity?
I'm exploring ways to access equity without selling.