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I’m currently looking for some recommendations on property management software. I have one property I’m rehabbing for long term rental and in the process of purchasing two town homes with long term tenants.
Thanks i...
In Turner's book, he talks about four plans an investor can take. They're very detailed and can be modified. This is my version year to year and I would appreciate any feedback.Overview: - End Goal: 100 tenants and th...
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How do you determine the the tax rate for depreciation recapture? When you recapture the depreciation when you sell a property, is the recapture tax rate based on your ordinary tax rate at that given time? For example...
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Can two married couples purchase a property together as tenants in common, or are there restrictions regarding the amount of individuals that can enter into this kind of agreement? Our plan was to purchase the proper...
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Hello Everyone! I am looking for some advice regarding the 1099 / 1099-NEC tax forms and whether or not I must issue these to contractors for my specific rental property. I currently own just one property (a duplex) a...
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I’m 20 years old, and I am going to start a wholesaling business this summer. I have about $1000 in savings. Any advice on how to get this venture off the ground?
what should a person like me, in his teens do to start in real estate?
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Hey Everyone,
Thanks for reading. I’m interested in hearing what people have to say in regards in building a reliable network of contractors without actually having to contract them. I am moving to Colorado and plan ...
Someone that owns rental properties may or may not be in the business of real estate. An investor that just holds rental property for the production of rental income is probably not engaged in a trade or business and ...
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I currently own a home but I’m looking to move and rent out my current home. My mortgage rate is 2.875% so I don’t plan on refi to get equity out. I have 100k in equity in this house and plan on using a home equity lo...