When my tenant's 1 year lease expires, I gave that tenant the option to re-new it with another 1 year lease at a higher rent.But, the tenant wants to use part of their security deposit to pay for that rent increase. W...
How much tax savings can be expected with my first investment property? How can I do the calculations myself? I pay a lot in taxes in my W2 job, and would like to know how much can be offset.Does the math change signi...
As this specifically relates to my job I have some questions and hoping for any insight from those who have gotten or applied for commercial financing with a bank for an apartment building with 5 units and above:What ...
I'm a new Investor in Houston, TX looking for my first property to rehab & flip. I'm looking at all these foreclosures but I'm questioning the timing. If the properties are going to be auctioned on the first Tue...
I heard recently about DSCR loan’s. What’s your opinions about this type of loans? Should I consider using this loans?
Hello everyone!I’m new to the site and have found it very helpful. I’m also interested in REI and am leaning more towards flipping. I have a couple of questions regarding tax purposes. It’s to my understanding that ca...
For all the note professionals out there: I have accrued a decent portfolio of performing mortgage notes over the last couple of years and my tax bill at the end of the year has gotten quite large. As far as tax deduc...
Hello everyone.I've been scouring the internet for a while and I can't seem to come by depreciation. What an accountant has told me is that depreciation can stack year over year if you have excess leftover. For exampl...
Can someone explain to me how tax depreciation works as an LP? At what point do I actually pay taxes on my capital gains? Is it really just deferment and at some point I'll have to pay on all of it? Seems like a too...
Anybody know the rules for replacing water heaters these days?Had a company that AHS sent over last year that replaced a heater, no issues.Different tech this year, same subdivision, different property, same setup (no...