Stuart M.
Expense Real Estate Taxes on Sched A before in-service?
Can you put the real estate taxes on your schedule A while the property is undergoing renovations, before the property is placed in-service? I was under the impression that you cannot, that they must be added to the ...
Nathan Shankles
Can I transfer a house I own to an LLC?
I have an SFH and a duplex as rentals, both with mortgages in my name. I want to protect myself and my family from lawsuits and was told by a friend to start an LLC and transfer the properties into that LLC. Since I h...
Frank Schwarz
Property taxes are twice as much as the mortgage!
I was just looking at a property and was amazed that the property taxes are so high!The house is on the MLS for $56,000 and the taxes are $6460 annually.Checking past tax amounts showed that in 2011 they were $14,498 ...
Colin Carr
How to determine ARV and rehab value
Hey All! So I have very little background in construction or house repair. I also just bought my first duplex, but am new to the game. So here are two questions that have been bothering me and are making me feel timid...
Mary Jay
They want to stop allowing Hedge Funds buy SFH
https://finance.yahoo.com/news/democrats-want-kick-hedge-funds-022306318.html#:~:text=In%20the%20Senate%2C%20the%20End,any%20single%2Dfamily%20homes%20entirely.What do you guys think?
Bradley Shive
Self Directed IRA's - anyone have experience?
Im considering a self directed IRA. Does anyone have experience with them? There are a fair number of rules and regulations, but I'd like to learn more if someone has real world experience. Questions that come to m...
Jon P.
The hypocrisy of tightened lending standards and the increased presence of PMI
With lending standards just now beginning to loosen from a historic tightening, I find it bizarre (and frankly, offensive) the idea that Private Mortgage Insurance will now be something that will be permanently affixe...