New to this. I own 2 houses outright in Florida. I live in one and rent out the other. I have a property manager who takes 10% a month. I was working full time till last week then unfortunately lost my job. Question,...
There has been no previous occasion for this kind of downturn of economic activity. Recessions or severe economic slowdowns are usually caused by the exchange between economic and/or financial differences during the p...
How Important is an Applicants Credit Score in Applying for One of Your Properties?
Fellow investors familiar with Anchorage, Alaska real estate - how do you feel about investing in small multi-family apartment buildings in the current market? Rents seem to have been flat for several years and there...
Even if you have strong positive cash flow from your rental real estate, chances are you still have a loss for tax purposes due to the depreciation deduction.
This is a great tax strategy because your positive cash...
Hi all. I'm looking to buy a new construction home in CA for $750,000 as an investment property (around 8% interest rate) with 20% down. The rent I can expect is $3200. This would surely put me in negative cash flow o...
Hello Everyone,
My name is Corinne O'Connell and I am looking to hire a Real-Estate Investor friendly Accountant. I am a small REI, which one of my properties had a significant loss. Looking for tax help. My husband ...
There are several different types of income in the US tax code.
Two main types are “active income” and “passive income".
Active income is money you earn from working, such as wages from a W-2 job or income from runn...
Hi everyone. I've read a lot about the many tax deductions you can write-off with investment properties (ie: depreciation, travel, cell phone, repairs, home office, property mngt to name a few). Do I need to establi...
Hi my name is Kyle, First time poster long time reader.
I have a question I would run past my accountant but not sure if its a dump question or not.
I have been in R.E. investing since 2007. I have a few rental pro...