I'm looking to purchase a primary residence with an existing ADU in Contra Costa county. Are there any loan programs that will allow me to count the ADU rent as income to help me qualify for the home loan? Or are th...
Hi, I'm really interested in learning to analyze deals/properties for future investments. I've noticed in pretty much every analysis in videos and blogs, the person will deduct the entire mortgage payment (interest + ...
I am looking at purchasing my very first duplex(es) with in 90 days with a lofty goal of acquiring 20 units per year over the next five years and will re-evaluate after that. My wife and I are professional nurses and ...
Hi,
I am curious if there are any well-informed accountants or investors who can help me answer a question.
I bought a house with the intention of fixing it up and moving my family into it. It took me ...
We have been careful to document and report all rental income to the IRS from our accessory unit attached to personal residence for the past 4 years.In our current application for investment loans our lender is tellin...
Hello Everyone, I was looking to invest on my first out of state investment in Ohio and I was very surprised to see many listings showing totally different things, not sure what to trust
For example, one of the SFH p...
Next week I am planning to do some extensive year end cost analysis on my expenses so I can figure out how much is going towards cleaners, toilet paper, coffee, misc expenses etc. Can I count those hours as Material P...
The old saying is don’t count your chickens before they hatch. About 3 weeks ago I got four contracts to purchase houses in about a five day time span. I know that’s small fry for some people, but that was the whole h...
At Trial, held Sept 2022, it was determined that he was guilty of Tax Evasion
According to the report, for the Tax Years 2014, 2015, 2016 he
Failed to accurately report his income between calendar years 2014...
We have started to allow tenants retain utilities in our name but we have wondered whether the amount we add on for utilities should be counted as part of the monthly rent, especially for reasons of aligning with the ...