Hi,
I got the document for analysis of four unit property which was built in 1900. The following shows the summary of the form 8835 (I believe equivalent of schedule E)
For 2008
Gross Rent 16500
Total expense 20400
...
Hi All - I received two quotes from my PM for interior painting (whole house including walls, ceilings, trim, and doors). It's a 2/2 1,232sf single family. One was for $4,850 and one was for $2,850. I'm told the mo...
Hi, my wife and I live in Botswana and she works for a local agency both in sales and rentals. I am trying to help her find cash flow software specific to the real estate industry. Due to loads of red tape in getti...
Good morning!I'm new to REI and spending most of my free time reading and digesting information (currently reading @Brandon Turner's Real Estate Investment book).I built a spreadsheet that lets me calculate cash on ca...
Aloha BP!I've read this statement a few times but am unsure what it means. So what does a "landlord friendly" state mean? Are there tax advantages or less expenses to pay in those states than others? Would anyone have...
Hi everyone,This is my first year owning a rental property. My property manager shows fees like "posting & processing fees", "software", "showing the unit" in his financial statements. How should I handle these fo...
Hi there, I'm new to BiggerPockets but want to start leaning further into Real Estate to build assets. Currently I own 2 properties, a condo and home. Regarding the condo, I've been debating whether or not I should pa...
Hey all,
I was doing some reading on Tesla’s solar shingles (https://www.tesla.com/solarroof), and one of their selling points is that they can cut energy costs by 40-60 percent, and government incentives for solar e...
Does the wholesaler have to pay taxes. For example if u put a house under contract for $10k more, does taxes come out of that 10k. And do I have to pay the seller before I pay the tax or after?
I receive the majority of my income through Buy & Hold Real Estate and am looking for a way to calculate how much I make a year, sounds simple right? I currently own 90+ rentals and buy 20+ properties a year usin...