Hello,Do you have to be a real estate professional with 750 workhours and 50% of time in landlord job than ur job to report as business instead of a investor or does 500 work hours as landlord is enough to report as b...
I'm a new investor looking to make my first venture into investing. I'm starting to rent rooms in my private home to start. I was researching deductions to offset my rental income. Section 179 is intriguing for vehi...
For the short sales guys around, I was wondering if you'd be willing to share some examples of the best hardship letters that you've seen, or those that have proven to be effective.
I know a lot of people are interes...
I got into a bad deal years ago (with little real estate knowledge), which had created negative cash flow every month. The price of the property in the area has also depreciated and is not expected to up soon. I know ...
I recently sold my CA home, with the initial accepted offer being 7% over asking, with all contingencies removed from the outset. After paying the standard 3% earnest money into Escrow the buyer then cancelled the co...
Hello all - I aquired a multifamily property last year and my hard money loan will expire in a couple of months, I was in the process of refinancing it, but the bank is requiring that the insurance policy to be on a r...
Any Texas landlords that have gone through an eviction that wouldn't mind answering a few questions please? El Paso County to be exact but I don't believe that will matter. I have not had to do this before so feeling...
My tenant has been applying for section 8 starting in June, got accepted but for a unit that doesn't qualify for mine. She told me that if the voucher qualified then section 8 would pay the rent for June, July and now...
I'm struggling to find a CPA knowledge about cost segregation studies and using the STR loophole to offset W2 income. At this point, I have talked to several CPA's, some of which charged consult fees, and they have al...
I've read some posts on suggesting renters get insurance, but does anyone REQUIRE insurance if the tenant has a charcoal grill on a balcony?