Hadar Orkibi
Chattel Valuation When Buying Investment 4-Plex
Hi Team,I would appreciate some feedback on commissioning a Chattel Valuation in Little Rock Arkansas. My lender is getting the property appraised but it sound like this appraisal doesn't cover the value of the chatte...
Michinori Kaneko
HELOC interest no longer deductible for tax purposes
Hi, Looks like taking out HELOC to purchase additional investment property is not as beneficial any more (still beneficial! just not as). The interest paid on HELOC to purchase investment property is no longer tax de...
Robert Blade
Home office tax deduction .
Hello, I own rental property but do not have the properties in a business name. Can I claim I have a home office expense on my taxes because I do use part of my home as an office?
Michael Brattelli
Insurance policies for rental properties
I would like to hear from long time rental property investors what things you believe are important in a homeowners insurance policy? What specific item coverage on the policy should be increased or decreased to have ...
Doug Caminita
American Real Estate Investments LLC
Hello - I'm looking for some information on turnkey investing, specifically regarding American Real Estate Investments LLC. I currently own a duplex that has been rehabbed, rented and put under property management. I ...
Matt R.
security deposit question
A few weeks ago my tenant decided to move 3 family members into her unit. I found out and gave the 3 people a few weeks to move out and they did not. So I just gave them a 5 day notice, and they told me they would al...
Mary Jay
Depreciation is helping my taxes?
Hi guys,I think I am starting to understand why Robert Kiyosaki always runs to buy a property when he has an income from his business.Please correct me if I am wrong in my example:Lets say a person makes 100K per year...
Fred Hess
Should I form an LLC?
My Situation: My father and I are in the process of purchasing a turnkey SFH rental property in New Jersey. We are splitting all costs and profits 50/50. Our intentions are to buy and hold the property long term and c...
Tara G.
Cash-out mortgage to invest abroad- Tax implications?
We have a paid off rental home held in an LLC that we have a business LoC against (which can be converted to a fixed cash-out mortgage). We are looking to invest the proceeds in real estate abroad. Can we deduct mortg...
Amby Bhagtani
Depreciation against W2 - Income
Hello, I make a money through W2 as well as stock options. Right now my taxes are high, due to stocks. I am curious does depreciation of rental assests reduce the total taxable income? Thanks, Amby