My accountant told me that b/c my income is over 150K, the interest paid on my rental property mortgages are not deductible.   I would only be able to claim these ductions if my income falls below 150K or when I sell ...

Hello everyoneI have my primary residence in NYC that for personal reasons I will need to convert to a rental, since I am moving out of state. I have done the calculations and I will come to a negative Cash Flow of ab...

Hi team,I recently closed on a 4 bed single family property in Jacksonville. My plan is to live in it for a year and buy another property afterwards. For the meantime, I'm planning to rent out the three rooms to my da...

I recently listed my townhome for rent and I am currently waiting on the results of the tenant screening for my potential renter.  My HOA requires a signed lease contract prior to the HOA background check and intervie...

I did all the work negotiating with the seller and advertising for the lease option house; I talked to about 6 interested people and then no one showed up for the showing. I do not know if it is because I am showing i...

My wife is in the middle of refinancing a property under her name, and we just hit a snag.  The underwriters kicked it back saying she could only claim half of the rental income of the property because we filed taxes ...

I am searching for a 2-4 unit to move into as my first purchase. I found a fourplex for sale that is currently tenant occupied. So far I've only looked at vacant properties.How does buying a tenant occupied residence ...

Hey all,

Here's the situation. I'm planning to move in with my girlfriend in a new city and we're thinking about buying a property instead of renting. I'm thinking about buying a cheap "fixer upper" that has sat on...

Hey everyone,

I just recently purchased my first house and I will close in about a month. The house is a 4bed 2 1/2 bath. Me and 3 other friends will be moving into the house.

Now my questions is, the rent that my ...

Hi all,I have a question regarding my rental property that I just bought from HUD.  After the property was closed, I went on a business trip and did not have a chance to change the lock yet.  When I returned from my t...