Hi all, are expenses incurred searching for and/or purchasing (going to the closing) rental property tax deductible...whether that be mileage, or airfare to another state?
We would like to sell several properties, pay off a few others, without giving a huge chunk to the IRS. Is there a way to do this?
Hello I am a first time flipper. I sold 2 properties this year that were titled and sold in my personal name. One that was held as a rental for about a 3 years prior and one that was acquired and sold after a year of ...
I am new to buying rental properties. I want to get going but I have one aspect I don't know what to do with, Financing. I put a good chunk of money in a Roth IRA a couple years ago at Fidelity. I'm finding out that i...
I see many properties advertised these days with unrealistically low expense ratios. Inexperienced investors that are excited to make that first acquisition need to be aware of and understand how to accurately evalua...
Hello Group,
I was wondering what do REITs typically charge for disposing of properties? Would it be a percentage fee? Or as incurred (i.e. broker fees, legal fees, etc). This is separate from management fees and...
We moved from our primary residence 4/25 and spent a few months painting, reflooring, etc before deciding to rent it instead of selling. It was eventually rented on 8/15. Question is - are mortgage interest & pr...
Hi everyone,I am wondering if there are guidelines for writing off Rental Property investment related expenses on taxes which were incurred before acquiring a rental property. I am looking to buy my first rental prope...
What are you doing or seeing that effectively addresses racial disparity in home ownership/ lending/ generational wealth?Hopefully this is a fairly straightforward question about a heavy and complex topic! It's well ...
I don't quite understand the american ideal sometimes; now here i go. i'm starting this because it was request, i understand we all come from different places and look at the same situations differently but please no ...