Mike Bonadies
Rental Room House Hacking Tax Benefits
Hey guys I'm new to the real estate world and I have a question on Tax deductions when it comes to purchasing a single family home and renting out the rooms to tenets in the Baltimore area.I was looking into personall...
Josh Teunissen
Tax pros/cons on house hack/owner occupancy
Disclaimer: I understand that I should consult a cpa for specific tax information. I listened to a podcast a while back (I believe it was Brandon Hall?) Regarding house hacking and taxes.Im unmarried and have not had ...
Jeff S.
Section 8 charge what they will pay?
Haven't done a sec 8 for many years and now have an applicant. I just lowered my asking rent. If it is below what sec 8 pays can I ask for the higher amount? After all it is worth more with all the hassles. Would p...
Mary Jay
Should I claim mortgage as an expense on taxes?
If I am claiming the rents paid by tenants as income, should I be claiming mortgages that I pay for those rentals as an expense?Thank you!
Jack B.
Will I owe capital gains tax on this sale?
I have lived in my single family house for a little over 2 years. I rented the apartment above the garage out for 1 year. I was thinking of 1031 exchanging 20% of the proceeds from the sale (20% because that is how mu...
Jak Dadi
Section 8 headache?
Greetings! i closed on a short sale 4 plex in Stockton in January. All units vacant but for one section 8 tenant who lost her vouchur before close of escrow. Seller had let her stay by collecting her portion of the re...
Gina Nicolas
Should I evict or wait for lease to expire?
Good morning all. One of my rentals has a section 8 tenant. Tenant has not been paying his portion for months. Owes over 2K in rent but I have been collecting section 8 portion. My question for the community is: Since...
Katharine Sherback
1031 exchange rental to small livestock farm
Okay, so what my husband and I want to do with our rental property when it sells is buy a small livestock hobby farm consisting of chickens/goats and a dog kenneling, and or a small organic vineyard. This means we h...
Aubrie Larsen
Capital gains when Renting basement?
We’re having an investment property built that we are planning to live in for a while, build equity in and then sell. We also are hoping to rent the basement on AirBnb. How does that work with paying capital gains on ...
Eddy Wehbe
If you have $200k sitting in your checking account
If you have $200k sitting in your checking account and wanted to invest them in Florida, what would you look for in a market like the one we have now. - Would you buy 4 condos where you give $50k in each and finance t...