I am about to rent out my first property. will all the expenses incurred lower my taxes from my salary income. i am worried that I only have 2 month in rental income to show on my return. also should I wait to put ...
This is my first post on BP and I am mainly still in the education phase of my RE journey so I appreciate any advice.I am married, age 31 in a HCOL area, and have:No debt of any kind (paid off student loans, modest ve...
Hello Everyone!I am interested in purchasing my first rental property by the end of the year. I have a decent credit score (700 or so) but I have about 180k in student loans that are in deferment ( I have two masters...
Hi My name is Lamont Carter,I'm sure the questions in which I may pose are common and may seem a bit redundant, but I would sincerely appreciate the feedback and guidance. Thus far I have consumed several ideas of how...
I am a salary employee in Florida who is currently renting a home. I'm interested in starting a scalable real estate investment business. Emphasis on scalable. I'm looking for very low money down options but I'm unsur...
So we notified a tenant that her water bill was over by $50 this month and we pay up to $40 and she is refusing to pay for it. How should i handle this? I dont want her over it. Also how does everyone raise rent a lit...
Hello all
Thank you in advance for your insight.I’ll try to be as brief as possible. I’m a bit torn on how I want to proceed with my job and investing. I currently work for an investor who flips homes. I really love ...
Hi All,As one step towards my real estate investing goals, I have recently acquired my RE license in PA. I am focusing on buyer representation for income-producing properties (I am blessed to already have an investor ...
I currently have $150k and am looking to pick up $500k in homes over the next year. In particular I want to get 10 x $50k homes.My taxable salary is low at $36k per year, but I have a large amount of tax-free income (...
For purposes of reducing my personal taxable income, is it effective to run rental income & expenses through a business? I need some of the rental income for personal household expenses which would be a salary (r...