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Results (1562)
Scott Bartlett Accounting Questions
29 March 2020 | 44 replies

I've done a few searches here, and I think I have a pretty good idea of what I need to do.

I purchased my first rental property about 45 Days ago and I'm still renovating the property.

I purchased the distressed REO...

Account Closed For 50+ MF, how common is it to show a loss after depreciation?
22 September 2017 | 25 replies

Hi,My wife and I run an online retail business with extremely high "earned income". We want to start investing in real estate to offset that income by one of us becoming a "real estate professional". We don't spend mo...

Guevara M. Should I be taking a depreciation on my rental?
22 September 2012 | 30 replies

I bought a rental (Town Home) back in 2004 & have been taking a depreciation so that I could get a bigger tax return. The CPA that did my taxes this year advised me that I shouldn't be taking a depreciation if I ...

Evelyn Zanetti dilemma, reinvest with 1013 exchange or take a major loss?
7 June 2018 | 13 replies

Hello All, firstly I would like to thank you for reading this and for any suggestions you may have...I am very close to selling my property in the Hudson Valley and I am very confused about what I should do afterward....

David Beltz Establish LLC for Each Property Purchase?
18 October 2020 | 11 replies

My wife and I personally purchased a duplex in the Chambersburg, Pennsylvania area last year. We house-hacked while doing an almost complete home renovation in 6 months, moved out, found wonderful tenants to move-in r...

Rachael Collins Should I advertise a rental that is not ready for tax reasons?
16 November 2015 | 13 replies

Hello,I have a rental (in California) that won't be ready for a few months (we have done the rehab ourselves) and have been told by an accountant that I need to advertise it before the end of the year in order to show...

David Schulwitz Deal? Montana 4-plex
22 October 2013 | 11 replies

Hello everyone,

I would greatly appreciate any feedback. I used the excel spreadsheet template from another thread in this deals section. I'm looking at making an offer on a 4-plex in Great Falls, Montana w...

Brandon L. Due on Sale Clause
30 September 2018 | 16 replies

Hi,I am gearing up to transfer my rental properties into a single member LLC.  These properties have mortgages in my name.  I am aware that the lender could call the mortgage due but it seems to be extremely low risk....

N.A N.A Fannie Mae allows up to 10 properties again!
3 July 2011 | 18 replies

Can I get a hallelujah?

As of April 4, 2009 Fannie Mae will increase their current restriction of a max of 4 financed properties BACK to 10!

YOU HEARD ME RIGHT!!!!!!!!!

Ahhhhhh... They finally came to their senses...

Jeff Byrne Pay Off Student Debt or Invest While Paying it Down?
31 October 2019 | 23 replies

Hi All! I'm about to graduate college and I live in the Louisville, KY market. Rental properties are decently priced but our area is growing with the addition of Amazon and other big time employers moving this way. My...