I'm filing my 2017 tax as married jointly. I have 2 rental properties that are both making losses for 2017 due to deduction and cost of acquisition + rehab; we acquired both of them last year. I am using TurboTax to f...
Hello,I'm about to buy a Duplex to be used for house hacking. I'll be living in one unit and rent out the other to make a nice $250 profit as well as no rent needing to be paid on my end. My question is what insurance...
I currently have Farmers Insurance for my 2 unit multifamily in Jersey City Heights. Which I pay around $1,600 for the years. I also have State farm for my condo in downtown I pay around $450 for the year. My insuranc...
We recently started to invest in rental for single family houses and I am curious on what's general guideline on the rental insurance. Currently for a 250k single family(new construction we have), I get an insurance l...
Hello BP,Aside from top rated insurance carrier what are the most Important things to consider in a policy for an Apartment? Thank you in advance for any information you can offer.
I am in the process of purchasing a multi family property ( 4 units) and was wondering what companies have the best insurance for that type of property.
I realize a real estate investor “makes money” in four basic ways. Cash Flow,Appreciation,Principal Reduction, and Tax Savings.In order to properly estimate my returns I need to assign a dollar value to each of these....
Hi everyone, I have a question - strictly from a liability standpoint, which is better, holding residential rental property title in an LLC or just having an adequate umbrella policy? Has anyone ever heard of instance...
I just purchased a new, larger home. I am house hacking and renting out one of the rooms. I use TurboTax for my taxes every year and they want to know what percentage of my home is being rented? Do I get to count any ...
hello bp I hope everyone is having a great day. I have a single family 2 bed 1 bath that a wholesaler has brought to me. It meets the 1% rule at about 1.5%. All the other numbers are working in the calculators, ...