Hi, I make less than $100k from my w2 job and did a cost segregation study on my property. My understanding is that I can deduct up to $25k from my w2 income. Does that mean I can’t take the standard deduction?
Hi Guys,
pulling cash out of 2 sfr, Local bank is offering 6-6.25% loan, 20 years @ 5 year fixed, adjusts every 5 years..
What is your opinion on what ive been offered?is it standard / expensive?
thanks
With the standard deduction being 24k (or so) for married couples will one single family rental save us on taxable W2 income? I just purchased my first property and plan to BRRR it so it will have 20k or so worth of r...
Hi Everyone,I sent out my first ever yellow letter campaign through www.yellowletters.com to about 300+ out of state absentee owners. I extracted the list from propertyradar. It has been just over a week and I have no...
I am considering putting a duplex under management by a short
term rental company. The contract they sent me contains the following
clause:
b)
Indemnify, defend, and hold harmless the Agent, and all persons in...
Hi,I’m a real estate investor in Rochester, NY. Wondering if there is a market standard or average referral fee for referring deals that it makes the most sense to list with a realtor? Through my marketing- I have bee...
So let's say you contract with a seller's real estate agent to sell your rental property. There is a clause in listing agreement that allows seller agent to shift into being a transaction agent if they put offer in fo...
Hi - I'm evaluating a 200+ unit senior living facility that has an assisted living component covering 25% of the units. On standard market rate properties I typically figure that you need 1 full-time manager, and 1 ma...
LLC Loan: Documents insisting on waiving rights (state: PA)
Loan documents I am being asked to complete require signing away many rights. Lender is stating this is standard language (purchased standard form etc.Lase...
Can anyone tell me if itemizing investment property expenses makes a difference now with the new tax reform?I claim my wife and two kids. I have two duplexes and understand it that if I spend less then 24k in expense...