Matt Romano
Just SLIGHTLY overwhelmed with taxes this year
Hows it going BP? Alright, I always find my posts to be way longer than they need to be, so I'm going too try and make this as short and sweet as possible.Basically, I've always done my taxes myself (turbotax), and ne...
Alex Kofi Appiah
Newbie 60-day Notice to Inherited Tenants
Hi Everyone
I recently bought my first duplex in Cleveland Heights, Ohio (House Hacking). During the inspection/property run through, I noticed one of the units stinks very bad and the place was not being kept clean ...
Mark Navaro
Borrowing against rental to payoff primary home loan
The 2018 Tax law discourages itemization by providing a bigger exemption and capping mortgage interest and SALT deductions. I have a rental that is fully paid off, but my primary residence carries a mortgage. If I bor...
William MacBride
trying to clarify assignments
In an assign deal does whoever's assigning the contract to the end buyer always get the contract first and include the "or assigns" verbage when he signs?
I seem to be reading in some places where the...
Isidora-Izzy Sadzakov
Key things you should know about construction loan draw
Lots of time, Fix & flip investors have come to us and ask for a small bridge fund to carry them on until their construction lender (s) release the requested construction draw. To avoid any of these shortfall duri...
Sam Schlacter
Do I benefit from tax perspective?
I recently bought a townhouse as a rental property and closed it just before the New Year. Since the start of the new year I have been putting in some expenses on it - Replaced Carpet, House Cleaning, bought windows l...
Svetlana G.
Contractor Markups on materials
We are working on a project and I reviewed the pricing/ invoice provided by our contractor. He broke down everything by labor and materials. Specifically, my question is about the pricing for one item. I looked up th...
Stephen Jackson
Investor Pet Peeves
Any investors out there have any pet peeves that would automatically turn them off from doing any deals or partnerships? It could be anything from a disorderly paperwork presentation to ill structured deals. Literally...
Kevin Nguyen
In the right ballpark for my CapEx estimation?
I am trying to start the process of deal analysis and have come up with estimates for CapEx in my area. I broke it down to the individual components to understand how people usually estimate it. This assumes that eve...
Sameer Jain
Property tax deduction in 2018
Merry Christmas . The new tax is a reality . I wanted to get more understanding on how will be property tax deduction on primary homes in 2018 . Is it capped at$10000 for both single and married ?if you live in high t...