I am interested to know how using a tax-deferred retirement account to purchase a rental would affect my ability to use depreciation. On the surface, it seems that you would not be able to depreciate an asset in a t...
Hi, I recently was contacted by a lawyer representing a client who owns a property they received after the death of their mom. I was able to speak with the client personally and we arranged to meet at the proper...
I know putting your rental properties into an LLC reduces the personal liability of being a landlord. But, is it really necessary if you just own one, two, or even three properties?
Hi Everyone,I'm considering a career change. I own a duplex that I live at and rent out and want to become a real estate agent since I'm not satisfied with what I'm doing now. My question/concern is do you make enough...
I'm in the process of purchasing a property that is currently tenanted and managed. I've been in communication with the current PM and received a sample management agreement. Since this is my first property purchase, ...
I'd love to get recommendations on awesome property management companies (located in cash flow markets).
The kind that require little to no micro-management, that treats tenants well, have low vacancy rates, and dece...
I only have one 1099 that I need to distribute and most of the sites I found charge for e-filing. I just want to fill it out, print and mail. I could do it manually but I don't want to write it in, rather would type i...
Hi, BPers, I am a out of state investor with a SFH for rent in Indy. I'm recently charged $135.03 by PM for repairing mailbox post that was loose. I think it's too expensive, and don't know what is the proper way to d...
Hi Guys,I am 72 hours away from closing on a home, and my mortgage company is demanding a "comfort letter" attesting to my self-employment. The CPA who filed my taxes won't touch this and they just rejected another CP...
I have read that when you find an off-market deal you should sign it and THEN go find a lender. Is it really that easy to find a lender? That fast? Once I put a property under contract the clock starts ticking, and...