Hi everyone,My tenants just moved out after 3 years of renting our single family home. It was made very clear to them in their move out letter and during the preliminary walk through that they were to clean the house ...
I maybe leaving the area for a few years and need to rent out my personal residence. It is a sfh 1250 sqft 3 bed 2 bath my first home. The same house in my area rent for 1250 a mo. Bed rooms tend to rent for 550-65...
Hi all, I am reaching out, trying to understand what the future impact of the recent floods in baton rouge La. My mother lost the use of her home(which was not in a flood zone) in the la. flooding and we are trying to...
Hi everyone. We may not be able to get our STR in to service in 2023 as we had planned. Are we able to take the expenses from 2023 and roll them into our 2024 taxes? The largest expense we've had so far is the new ...
I'm in my junior year of college and after a series of events am interested in real estate as a career but I would like to shadow a local agent or something first just to see if I would enjoy it. Is this a "thing" and...
Hey Everyone!My name is Chris, I'm just getting started on real estate investing... like from square 1 sort of starting out. Starting to wrangle as much cash as I can to do my first small deal and get some positive ca...
Hello,My partners and I are having a disagreement about if we should hire a property management firm for our portfolio. We have a goal in mind of a hundred units or so. My thought process that while hiring a manager...
Though my years of hiring trades to work on my rental and friends/ family/ clients properties I have had it good and bad experiences. Property managers that over promise, work not fully completed to satisfaction, thin...
For my rental properties I maintain a home office. Should this deduction be taken on Schedule E along with my other rental expenses? I ask because Turbo Tax lists the home office deduction on Schedule C.
Hi everyone - this is my first post, but I've read a bunch on here already, and have gained a lot of valuable insight. Thank you!I'm a relative newbie - we own 5 rentals with traditional conventional financing, no LL...