Thomas Parrott
calculating cash flow
im trying to make sure i have a ROUGH (i know it isnt going to be exact) estimate on cash flow
im just trying to make sure my basic formula is right so i can track the performance i have already had easier (i have no...
Account Closed
Escrow account deposit increased by 60 dollars this year?
I just received a letter from my mortgage company for my investment property in Arizona stating that my escrow needs to be increased and I am in a shortage. There is also a new charge for hazard insurance which I was ...
Douglas T.
How far back can I claim a deduction for repairs?
For the last 2 or 3 (maybe 4) years, I've had a special assessment tacked onto my monthly HOA for a building repair (boiler replacement I think). I've never claimed tax deductions for this repair. Obviously, I can d...
Shaun Skeffington
Question On Using 401K
Hey Everyone.. My wife has a 401K plan she had with her previous employer and does not work anymore. We called the investment company that has it and stated we cannot borrow against it due to her not working anymore. ...
Zachary Critchett
Will my mortgage payment change?
Hello,
If my property tax assessment goes up or down will my mortgage payment go up or down? Also, if the property is paid off am I required to pay the entire tax year at one time? And will the payment be fixed or do...
Matt Hunter
W2 depreciation offset
Hello, I am new here and looking for help. If this is the wrong platform forgive me. I am an active three year STR investor with 4 current STR properties. In January of 2023 my business was sold. :) Unfortunately,...
Surafel Korse
Newbie investor in the DMV area looking for CPA consultation
I am in search of an ideal real estate investment strategy that aligns with my current circumstances. My initial understanding suggests that Short-Term Rentals (STR) might be the appropriate route for me, however, my...
Alissa Cole
DIY Taxes with Cost Seg
Hi, we totally missed the boat to get a CPA to complete our STRs taxes. We only had one single family home for 3 months in 2021 so I decided to tackle myself. How do I implement the numbers I received from DIY Cost se...
Brian Noel
House hacking in Northern VA; Advise and reality check needed.
Hello all, I've been casually researching a variety of investing methods over the last year and see the "House Hacking" strategy as perhaps the most useful and lucrative strategy I can implement in my current situatio...
Robert H.
1st trust deed question
I just purchased a 1st trust deed in CA for the 1st time where the borrower had already gone MIA from the start to where his phone number was no longer in service and there was no way to contact him other than an addr...