Grace Navera
Do I pay income tax on investment income?
Newbie question here- do I pay income tax on investment income? I haven’t heard it addressed at all yet in the podcasts and other materials I have come across.Thank you!
Michell Chase
Alot on information on offsetting W-2 income but not much on 1099-R income...
I am currently drinking from a fire house on everything investment real estate. Closing on my first investment duplex this week and looking for my 2nd. I hear a lot about ways to 'off set' your W-2 income etc.. I...
Henry Li
part time real estate agent tax - are they double taxed?
so... both my wife and I have a W2 job. let's say our income is at around the 24% tax bracket. And then my real estate sales "part time" let's say I made 50k in 2019. Does it mean the 50k commission income has to be ...
Ken D.
Am I asking for too much identification when dealing with co-signers?
Is it crucial to have a copy of the cosigner's social security card and/or a federal issued photo ID such as a drivers license, passport, etc.? I've always asked for these two forms of identification and have never h...
Pam R.
Tenant's Mom called...
Our tenant called the day rent was due, said his check didn't come in (Social Security), it would be a week late. When we didn't get it, my husband posted our first Pay or Quit notice. That got his attention. He ca...
Andrea Hunter
Private Money Lender Requirements
Does anyone know the information needed when filling out an application for a private money loan from a lender? Also do they require your Social Security number?
Chris Hughes
Capital Gains on a Rental Property
Hello all! I've been reading on this website for quite some time and it is a treasure trove of useful information. I am posting this to try and help my mom make an informed decision about whether or not to sell an i...
Robert M.
Property Manager does not want to hold security deposit
State of GeorgiaI have new property manager that does not want to hold security deposit because of accounting work. I am a licensed agent and one of the reasons I use PM is to avoid involving my brokerage in securit...
Zevi Arem
Raising money for deals on social media
Is it legal to post on social media about raising money for real estate deals without a crowdfunding platform or any deals yet in place but for future deals and if it's not legal to publicly post on social media platf...
Sam Schildkraut
Verifying Retired Applicant
Hi BP, Anyone have advice or experience with retired renters? Specifically looking at how to verify income. Potential tenant appears to exceed minimum income requirement based on pre-screen but would need to verify wi...