Hi,I'm looking to possibly sell my house in New Jersey due to an out of state job relocation. The house is a 2-family duplex that I live in as a personal residence while also renting out a unit. I have almost lived in...
I am about to sign my first section 8 lease in Philly next week.However, there are still some questions and uncertainties which is have. Any help and input would be appreciated. 1. is it possible to obtain a copy of t...
Let me make sure I get this straight...Just for example, I buy a house today and rent it out tomorrow. From the day I begin to receive rent from the tenant through the Dec 31, this is looked at as "income" by the IRS...
Hi,I'm planning on buying a primary residence with FHA loan. I found out that there is a detached in-law suite in the property that I'm looking for, which fits for rent. If I choose to rent it out, how much depreciati...
I am looking Into refinancing an investment property and taking cash out. However cash out terms seem much worse (lower LTVs higher rates) than new purchase terms. I have the capital to payoff the whole mortgage. If I...
In the case of a seller willing to owner finance a portion of the sell and you get a bank to finance the rest how does this get worked out at escrow? I know generally speaking the bank pays a portion and the owner agr...
How do you calculate depreciation for a residential property?
Hello rockstars! Im asking for recommendations and advice from midterm rental hosts in los angeles or in California. My question is does the early termination clause apply to midterm rentals? If the renters decide to...
I have a property that is part residential and part rental. For tax purposes it is treated as 2 independent properties based on square footage. I have taken depreciation, etc on the rental portion. I am thinking of co...
I've read you should require 3 times the income for your rental price.Do you apply this to section 8/HCV?Or do you submit each application and see what the government will pay you and go from there?If their voucher co...