Sam T.
Tax benefits of renting half of my primary residence
If I were to buy a 2 bed condo to live in and rent out the other room, would I get the tax benefits of it being a rental? Specifically, would I get to claim depreciation, write off the HOA fee, etc.?
Yacine Bouabba
Is it worth chasing a bad tenant?
My tenant left without making a payment and upon inspecting the house I found a few damages to the property (like 3 doors need to be replaced ...etc). Should I focus my time in trying to fix the property ASAP and put ...
Jenny Sung
1st Time Investor - Need Help Analyzing a Deal
Location - Spring, TX
Built in 1977, 3/2, approx 1500 sqft
Contract Price - $120k
Locked-in Mortgage Rate - 3.5%
Total Monthly Rent - $1450
- Comes with Section 8 Tenant (Mom & 3 kids)
- Buyer pays title ins...
Mary Jay
Proper way to do distributions
Hey guys, what are the proper way to do distributions?Lets say I have 5 rentals, the money comes to my property management company, then property management company does a distribution to me... 1) Should I do it via c...
Rich Rifkin
Credit Repair Company
I have owned a mortgage company for 18 years and each credit repair company that has solicited us to send them business has started off strong but eventually end up taking some poor customer's money without results or...
Mary C. Mathews
I have repair/replace warranty but tenant buys new fridge.
I have tenant in townhouse in Illinois with no lease now. I have contract with Warranty Co. for appliances - if appliance cannot be repaired they replace it.On Monday tenant says there is a leak from ice maker. My War...
Justin Demember
Tax implications on new rental duplex
A 50/50 partner and I just purchased a duplex with a conventional loan. We have a tenant in each tut came with the property and receive 1000 in rent. P&I is $200 with taxes and insurance NOT in escrow. We have no ...
Peter K.
Tax deductions for a investment property?
Anybody with knowledge with taxes: what specific items can you deduct for tax purposes? I know you can claim depreciation on your home and gas for going to and from your investment home? Anybody have a list? I know I ...
Carol Bahou
self directed IRA to invest in real estate
hi everyone, does anyone have actual real experience in investing in real estate through self directed IRAs?
Christine Mwai
Who is PAYING for this?
What do you others do?....I have learned that a routine repair at a rental property can be thrown totally out of proportion by the tech, handyman, professional saying something that the tenants misconstrue when fixin...