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Can you wholesale a property that already has an auction date scheduled?
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I have an apartment building under contract. The owners reported a net operating income of $27,500. This was the NOI listed on the MLS and all the paperwork that they gave me. My lender requested the Schedule E and I ...
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Hi All!Question about LLC’s taxes. My husband and I have a Single member LLC in MI which is not a community property state. We file jointly and are both listed on the Schedule E for our properties. Is this the best wa...
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I have been receiving Pandemic Unemployment assistance (PUA) due to reduced rental income and high number of vacancies. Rental income is my only source of income hence my tax returns generate only the Schedule E (pass...
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Particularly in the CA area, has anyone been able to schedule a sales exam on the self schedule site? I've been trying for about a month now. Anyone else having the same problem?
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Hey everyone. So a year ago I bought a house using a 203k loan. It has not gone smoothly because of the house needing a lot more done to it than I initially thought. I am 6 months past the first scheduled completion d...
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I'm curious as to what is considered "supplies" or "cleaning and maintenance" and also if I need to depreciate.Each year I purchase a lot of mulch and annual flowers for my rental. I do all the work myself. Would I ...
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I try to minimize having to be at the property, so I tend to schedule things close together.For example, I have three roofers to come by today for a roof leak estimate. One at 11:30, one at 12:30-1:30, and one betwee...
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Do you pause showing after first few showings and once you get applicants or do you continue the tours? Trying to see what’s the best process to select the best applicant? And what should be the messaging to applicant...
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Hi, I am a newer house hacker and will be looking to purchase another property in 2023. As many may know, house hacking you rely heavily on the rental income to be able to qualify for more debt. This year I spent allo...