Christopher Smith
New Tax Law: 20% of Qualifying Business Income Deduction
Has anyone found any authoritative sources that indicate the 20% QBI deduction under the new tax act applies specifically to rental real estate properties that are considered as Passive Activities under current law? T...
Dakota Mivshek
Hard Money Lending - Current Opportunity, need advice
Hi There, Without getting into a ton of details, my dad (a realtor in Colorado) has an opportunity to buy some condo's that are currently being constructed at 50% expected market value. It is an exclusive opportunity ...
Keith A.
Managing Expenses Outside Property Management System
I switched from managing my properties myself using a property management software to going with a property management company that uses their own software.The challenge I have is that all of the detail on repairs and...
Idan Narotzki
1 property keys Set, make sense?
Hello everyone!Background: Just Bought SFH for rental. The property had tenants. I switched the property management company. After getting some details, I got told by Old PM and listing agent, that only the tenants ha...
Account Closed
Stubborn To Make Shared Taxes Paid, House to Auction Soon
What do I do now? While I've lived here almost 30 years, paid off house and made all capital repairs, other owners not inclined to up any of the City taxes, since it was paid off! Now it is 8 years worth, I did ...
Account Closed
Does reducing my taxable income reduce my buying power?
If I use all my tax write offs and reduce my taxable income to 0 will that reduce my buying power in the future? In other words...will banks still count the income from my rental property when trying to qualify for a ...
Kathryn Pierce
3rd deal down; another BRRRR in the books
Investment Info:
Single-family residence buy & hold investment in Lisle.
Purchase price: $110,000
About to cash out of a great BRRRR in Lisle, IL. Appraisal came back way higher than originally calcu...
Mike Kalob
"Real" Contractor Accepted Payment Terms
It seems every contractor wants at minimum 1/3rd, 1/3rd, 1/3rd (or more upfront), despite advice on here to not put more than 10% down.I've scoured the General Contractor Payments in the forums and it seems the ones w...
Kristen Bouvier Scoville
Buildium Software Review....
So I have been looking for a Real Estate Software that would work with my unique business structure. We have rentals like many of you all. Although we have Student Rentals in a college town. We bill like the college o...
Tony Roberts
Water Bill is higher than the property value
Long story short I came across this lead where a guy owes about $8000 on a water bill after the tenants cut on all the water and left as revenge for being evicted. The property value is maybe $5000, its in really bad...