I have a loan payment due on a recent rental property that I purchased, and would like to set up an ACH directly from the LLC bank account that I have it in to pay the payment. Will this risk the loan being called si...
If I am buying a property to live in, I am eligible to deduct mortgage interest and premiums, and real estate taxes. Can I deduct these if I later decide to rent out the property?What if I buy to rent outright?
Hi,
My credit union is referring me to their title and escrow agents. I know there are a lot of title insurance and escrow agents around to choose from. I have referrals from a few friends here in Los Angeles too. ...
I am considering owner financing the sale of a building I own. Will I owe cap gains as soon as I start getting payments or will I not owe cap gains until all of my basis is paid back? Say it took 10 years to get bac...
Hello
I have a newly rehabbed $995/mo 3bd 1.5 property ready for rent. A gentleman that just recently moved to town from D/C applied. He is here to start a new business and currently works at a restaurant making $45k...
Are there any other benefits to a 1031 exchange other than tax?
Dear all,
I have a rental property. To calculate the tax, do I use the whole mortgage or only the interest for the total expense?
Thanks for your help,
Hoang
Basically what is the minimum I need to own in a property to make it legal for me to manage the property legally without a license? Or does anyone know where to find the answer? I just can’t seem to find it.
Hello everybody! Thank you for taking the time out to look and respond to my post I really appreciate it. I'm a brand new investor and I'm currently deployed I going to buy my first investment property when I get ...
So, curious to hear from some experts in the NC Foreclosure/Auction world. I've identified a house that is going to auction, but the 1st lien sale and the 2nd lien sale are within 4 days of each other. The 1st lien ...