Brad Penley
First Time Flood Insurance buyer, any tips?
I'm putting an offer on a multi-unit duplex in Panama City Beach, FL. After I submitted the offer I found out that I need flood insurance. Where should I go to find the best rates on flood insurance in that area? I'm ...
Steven Drumwright
Rebuilding burned property on same foundation?
Hey guys just looking to get some insight on a deal I am considering. New investor looking to do it right the first time. I have a lead on a lot in a well established residential neighborhood. This lot includes a foun...
Samantha Soto
When can I start tracking expenses to write them off?
My husband and I would like to start investing in Indianapolis, Indiana and we already own a couple of properties in Huntsville, Alabama. However, before we begin investing in Indianapolis, we want to travel there to ...
Rachel N.
Structuring a Private Loan as a Mortgage
I have a family member who is willing to give me a loan and hold the mortgage for an investment property. How do we get the loan officially "on the books" so that I can declare mortgage interest on my taxes?
Stanley Drew
Abuse of covid regulations
Dialysis Dr seems to be abusing the covid regulations. I would have dealt with him sooner, but had a partner prior to covid. He has used his security deposit and hasn't paid rent for January. His rent is always late o...
Roman Kendzerskyy
Capital Gains Exemption
Hello! this link was very helpful thank you so much for taking the time to post it. My question is regarding the Capital Gain Exemption...
What if I bought a Property: January 1, 2015 for $500,000
Rented it out unt...
James H.
Business Retirement plans and deductions
Hello. My fiance has a house in her name that she would like to rent out in the near future. I've read about transferring to an LLC but most of the conversations deal with liability and not tax, which is my primary co...
Jeremey Allen
Paying Off Old Debt, or Let it Fall Off Credit Report?
About 6 years ago I got sick and lost my job, and had to quit school. In this time, I racked up a lot of debt which I was not able to pay off. These debts are about to fall off of my credit report.My question is, shou...
Nathan Bell
Showing rental income on taxes
What's the advantage of paying taxes on this money.
As I have been told you can't get loans based on it anyway, how does this process work for me?
Scot Burns
Liability for Death Caused By Rehabbed Home
Scenario: You buy a house after it there was a death in it due to accidental fentanyl exposure. You get the house remediated by a hazmat service and the city gives it an "all-clear". You remodel the house and sell it....