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Results (10000)
Chris Heney Down payment on first small multi family
24 April 2020 | 3 replies

I am new here so take it easy on me..,I currently own my own home and am looking to purchase my first multi family rental unit. I have called around and have been quoted 25% down by all lenders so far...is this standa...

Account Closed Do we really get tax benefit for rental property?
21 July 2020 | 12 replies

Lets assume a Scenario: A new investor who invests $150K on a first rental property. No other retal or home mortgages.
IRS: US govt already allows a "Standard Deduction" of S24,400 (Married joint filing). The other o...

Mark Douglas Tenant Vacating / Insurance Claim??
18 August 2016 | 14 replies

I'm going to give a tenant a 30+ day notice to vacate by September 30. Last night, they had a kitchen fire, causing minor damages. I'm wondering if I should have them file an insurance claim, or just keep their depo...

Account Closed Quick Advice for Financing Strategy- HELOC and mortgages
5 December 2015 | 2 replies

Hi everyone!Just looking for some advice: My personal residence is paid off and worth the equivalent of 4-5 prospective rental properties. I do not have any investment property mortgages (buy and hold rentals) yet and...

Tony Yi Sound I take a lower credit score, with larger deposit?
27 April 2017 | 8 replies

I have a potential tenant both are in mid 500 credit score, but they can pay 3 months deposit and 3 months advance. Should I accept this?

Thanks
Tony

Jess White What rental REI expenses can I deduct while still a W2 employee?
7 September 2019 | 10 replies

I am currently still a W2 employee while building my real estate business out of My question is this, what can I write off on my taxes while I am still a W2 employee and not considered a "Real Estate Profressional"? I...

Nick Louie Cleaning Standard Under Contract
18 October 2021 | 3 replies

BP Community,I’m negotiating the “rider” (annex to the contract) to include in the contract, with my attorney. In the lawyer’s draft, the relevant clause required the seller to vacate the property and “broom clean.” I...

John Mack Request to review lease before viewing or applying
20 April 2021 | 16 replies

Do you allow a potential renter to review lease before viewing or submitting an application?

Nicole Austin Funding for Repairs Only
22 February 2024 | 5 replies

ISO: I need help. I inherited my grandmother's home 15 years ago. It is uninhabitable as it was in a fire in 2010 and has been sitting ever since. There is no mortgage on it. And I'm not interested in selling or havi...

Louis P. Effective tax rate on PM Income or RE Agent Income?
25 December 2021 | 3 replies

It's Tax Time!  Curious to see what independent property managers or real estate agents are seeing for effective tax rates.
Given it's a service business with little offsetting expenses/deductions, seems like it can ...