I have a hypothetical question....I was reading a post earlier where previous landlord and employment verification is strongly recommended. My personal situation is I have never rented and own my own home. I am self e...
Recently, several apartment complexes have responded to residency verification requests saying they no longer do them, even at the request of the tenant.My questions are:1. Has something recently changed at the top, l...
Hi folks,I am thinking about buying a rental property in Dallas. Can you please recommend good zip codes or neighborhood that I should look into. I am thinking around Plano, McKinney, Allen What kind of tenants do the...
Hi,So Ive been going back and forth on trying out Smart Move. I recently signed up and actually sent myself an application, credit and background check. Fill it out, Blah.. Blah.My Question is On the Income verificati...
Could deducting real estate losses against your earned income affect the amount of income you can place into a 401k or Solo 401k? Example: if you claim REPS status or you use the STR active status to deduct a total of...
This is my first year to try furnished rentals and want to be prepared for the tax man. Who pays self-employment tax? What qualifies for passive income? Has anyone looked into furnished rental income? Is it passive? ...
When you wholesale houses, do you have to pay short-term capital gains for each deal?
I wasn't sure how this worked.
Hello a few years back I lost everything after my job closed down, now I am looking for some good advice on how to get my back taxes paid, clean up my credit and learn how to make some good sound investments for my fu...
I might be missing something but when I do calculations for potential flips, such as 70/30. The numbers work, but when I take into account taxes I would have to pay on my gross profit (purchase price - sale price) it ...
I'm currently living in a duplex I own, work full time, but my employer doesn't offer a retirement plan. I'm considering starting an LLC that I can run rental income and expenses through for the main purpose of starti...