Dear lenders and those in the know!Will bonus depreciation/Cost Seg/RE Pro election hurt my DTI?I am going to massively reduce my tax burden when filing 2018 by aggressively utilizing cost seg+bonus depreciation+elect...
As an owner of vacation rental property on Maui, who self-manages, and a Realtor sharing with my clients two main hosting services of VRBO and Airbnb. Which do you prefer?
Opinions on Grant Cardone aside (I personally have mixed feelings), he had a podcast titled "How to Rip off the IRS" that I listened to today. I'll list what he said to always do below and my concerns.----------------...
I am stuck. I usually am able to deduct a big chunk of my tax burden by using my home office for my rental properties. I don't see how to do that this year with the new rules of not writing off home offices when you...
So far so good as I have been getting the ball rolling, having bought over a half dozen tax liens so far, and doing thorough research on properties has become more natural with every new lien.But now I must ask: does ...
I am a bit confused on this topic so lets just get started. First off I was wondering if as the wholesaler do I have to pay a earnest money deposit to the seller or does the cash buyer do that since I am assigning the...
Recently a friend of mine told me about how they handle tenants that vacate the property without telling the landlord. He said periodically he will have a tenant move out around when rent is due leaving damages in ex...
I'm in the market for someone to assist in overall tax and wealth strategy (not just real estate focussed). I've spoken to three companies so far and am leaning towards Wealthability. Would anyone be willing to share ...
I have a number of rental properties mostly single family/duplex. I typically charge one months rent for a security deposit. Recently I charged two months because the person was self employed and verifying the incom...
Is it a normal practice for a seller to require you to be under contract before they will provide any type of due diligence you ask of before even making an offer? Seller won’t provide financials or anything whatsoeve...