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Results (8976)
Kevin Tarver broker for my first deal
2 May 2014 | 4 replies

hey everyone kevin from nyc. I'm looking for super star broker to help me close out my first deal. I'm looking to invest in a duplex in upstate ny. the goal is 5 duplex in the next 4-5 years. Price range 50-60k. th...

Pm Fourchi Tax issues for converted residence
26 March 2014 | 2 replies

Hello all.

I have researched but can't seem to find an answer to this question.

We've been renting our former residence for 2.5 years. If we sell it in the next six months, we'll qualify for the capita...

Cecilia Cave Do we need an LLC as a newbie investor ?
15 December 2020 | 6 replies

Hi there, as a newbie investor (we have acquired 3 SFH properties so far since September of this year) a thought came to our minds about putting up our business in an LLC. Do we really need to do that? Thank you all i...

Jason Lam Refinance Depreciation items
6 September 2021 | 4 replies

I work in finance and do my own taxes as its normally pretty straight forward. I did however just refinance an investment property to take advantage of the lower rates. I understand underwriting fees, title fees, reco...

Daniel Kern Cash out Refi or open HELOC?
8 October 2018 | 1 reply

Hello BP, I have an investment property at about ~55% Equity position (value ~$165k, 89k loan balance) that I want to either cash out refinance or take out a HELOC. My goal is to pay off a small loan used to buy this ...

Sonny Sach Purchase Single Family House to rent - Tax filing
30 January 2015 | 9 replies

Hi,I just purchased a single family property at the end of last year.  I did not have a tenant until Jan 15th.  Is there anything like the closing costs, the 20% deposit, inspection fees etc. that I can write off or t...

James Galla Assignment/Transfer of Income Stream
3 February 2019 | 3 replies

So what are yall's thoughts on this scenario:Imagine my wife and I own one rental property, jointly, in our individual capacities. If I gift her my 1/2 interest, terminating my right to that property, does that gross ...

Liam Silva Structuring Sandwich Offer (HELP)
29 November 2019 | 2 replies

Im building a spreadsheet and realizing there is a lot of ways to structure your deals. How do you do yours with the seller? Please include how you handle:1. ARV2. Mortgage amount & interest rate3. Behind payments...

Justin Jaeger Rehabbed property Aug-Dec 2017/1st rent Jan 1 Get accountant now?
21 February 2018 | 4 replies

Hi there,So I bought a new primary residence in August 2017. We spent 4 months and about $25,000 making the basement a rental unit. We have 2 tenants who made a deposit in December, but they moved in and started payin...

Rao V. Taxes on a long term rental property
25 March 2022 | 4 replies

I have a question on tax regarding a long term rental that I recently sold.
Here is the situation:

Bought a house in 2010 for lets say 100K.Spent 50k in 2011 on repairs and to make the house rentable.After repair ...