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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...
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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 was listening to an older episode of bigger pockets today and they brought up the discussion of a negative cashflow rental, specifically in the context of turning a principle residence into a rental property. I coul...
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1) Standard late fee charge & daily fees
2) For section 8 when the Tennant pays very little of the total rent (but never actually pays) eviction time?? Or keep track and deduct from deposit
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I am gearing up to take the 40 question state portion of the NC real estate exam & wanted to see if any licensees whom have recently taken the test can provide any insight as to the level of difficulty as well ...
If i buy a primary residence 🏠 for 120kBut its worth 200k It means its 80k in equity.And my mortgage is 1,200And I do a lease option and se/he gives me 3,000 downpayment and she/he pays me 1,500 per month its ( 1 ye...
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Good afternoon everyone! So in my self-education on notes, of course learning about that the interest portion of payments are taxes as normal income (assuming no self-directed IRA situation). Is there any strategy t...
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Hi Everyone!Can anyone comment on their experience with evictions in Alabama? I have a section 8 tenant in Birmingham that hasn't paid their December portion and doesn't look like January's will be coming soon. I do ...
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I have made the decision to get my VA real estate license and was wondering if anyone out there could give a recommendation who has the best materials or first-time pass rates. I want do it all online. Thanks for an...
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When you sell a property seller financing via interest only loan. Do you still have to pay taxes on installment sale being that you are not getting any of you principle back yet? Assume pay taxes on deposit portion?
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