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Closing on a deal that consists of two duplexes. They are on separate deeds and they share a driveway. Should there be an easement or is there a better way to handle this, or no action is needed?
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I have a question about 1031 fraud.
If a seller signs a form 1031 for a million dollars, but the money was never transferred to the seller from the escrow company, and the buyer never planned to allow that to...
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Hello Everyone! I am a 17 Year old that is very determined to learn how be a rental property investor and had some questions. I finish most of my requirements to be able to graduate at the end of this semester but I j...
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My mortgage coupons state that the payment is due on the 1st and after the 15th a late fee will be assessed. I started to pay them on the 14th, however, I received a voice mail from the bank that the payment was late...
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Just curious if anyone has ever got red flagged or a random audit from the IRS for their rental investments. I haven’t yet, but wondered what that experience was like. I keep good records, but hope I never have to go ...
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I recently heard about VantageScoring and did some research. Thought I'd share what I found here with all of you.
What's Your VantageScore?
Since the 1970’s credit bureaus have used FICO scoring as the main model...
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I do private lending. I have a primary borrower. When a transaction closes, the principal and the interest are rolled to another loan. Thus, I never touch any of the money. Is that interest considered income for tax p...
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Welcome, Little bit about me, I have been inspecting properties for 3 years, I am BPI Energy Auditor certified, Internachi Building inspector certified, Leased residential homes for 2 years with Renters Warehouse, hel...
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View report*This link comes directly from our calculators, based on information input by the member who posted.
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I have 4 properties in TX. May grow to 5 or 6 over next 3-4 years. I live in CA, and may move to MA or NY. I have a tax preparer in CA that charges me for my personal tax returns. I maintain good books/records ...