Lisa Mason
Home Office Deduction: Schedule E VS Schedule C
I've sort of got this question floating out on another thread, but I want to directly ask:As a landlord with 3 rental properties I maintain a dedicated home office. This is the first year I will be claiming the deduc...
Mike Chira
Taxes on fix and flips
Hi everyone, I'm a new investor in Augusta Ga... I just bought my first fix and flip property at foreclosure. I will have the closing in a week and then I'll start the rehab.
My end goal is to buy and hold multi fam...
Catherine C.
Moving money from LLC bank account to personal Roth IRA
Hi All. What is the best way to do this? There is money in our business LLC bank account, however we'd like to transfer $6000 (the annual max) to a personal Roth IRA. Any tips appreciated, thanks!
Andrew Pettit
Parents are acting as the HARD MONEY LENDERS
Hey BB, I am wondering what will the tax implications be if they act as the 'Hard Money Lender.' Is there a way to shelter them from the tax burden and how should I go about this any tips? Thanks.
Nicole H.
Nassau County Tax Lien Sale
Can anyone give me some insight on buying tax liens in Nassau County NY. The process, tips, cautionary tales etc.
Jonathan Golon
Unclaimed Income -- Mortgage Approval?
Hey guys,
I'm a 21 year old waiter and my fiance and I are looking to get approved for a mortgage because the market is fantastic and we could afford it. She's got a job that pays 27800 a year and I make about 2...
Joe Conklin
Potential Tenant Question
I'm in the process on renting out my property. I have potential tenants that seem to qualify in general. However, as far as income goes they are paid mostly on tips, how do I quantify income when they are in this ty...
Gustavo Delgado
should I finance or just pay cash
I've been trying to finance a rental but it has not been successful. Im a tipped employee, so when the bank asks for check stubs and W2 it looks bad but my deposits and my bank accounts along with credit are good in ...
Tip Mallick
First Post - Landlord friendly states
Hi Everyone,
I'm new to real estate and like the idea of house hacking and rentals.
I have been a case adjudicator at a housing tribunal and have seen many landlord issues regarding tenants.
Can someone point me ...
Tom Harvey
Financing - Unconventional?
Here's my situation. I'm seeking a mortgage on a duplex. I'm self employed. I have a seasonal lawn care business. My plan is to actually get a job in the restaurant business (for the winter and temper hours during the...