Jessica Seppo
Schedule E: Married file jointly
Hi All!Question about LLC’s taxes. My husband and I have a Single member LLC in MI which is not a community property state. We file jointly and are both listed on the Schedule E for our properties. Is this the best wa...
Itzel Salazar
Vacant Home with exemptions owes a lot in taxes
There’s a house around an area I really, really like. The owner owes $33K in taxes but the account is on deferral & the exemption is that she’s over 65 so she only pays $300 towards the debt. I don’t think it’s et...
Julio Gonzalez
Increase Cash Flow with Accelerated Depreciation!
Did you know that you can increase your cash flow simply by utilizing accelerated depreciation of your real estate property? By accelerating your depreciation schedules, you reduce your taxable income which in turn in...
Eric Dame
Lease changes after taking over ownership
I have my first MHP under contract and am I beginning due diligence. If I end up buying the park, do the leases from the prior owner immediately become invalid? Do I have all tenants immediately sign new leases and is...
Jason Izzi
Forming my own company
Hey everyone,Here is a quick background: My family has been in Real Estate around the Philadelphia area since 1946. During the 70's and 80's my uncles were huge players in Center City, Philly. I was licensed in 2005 a...
Account Closed
No money down using HELOC & mortgage, but tiny cash flow?
Howdy! Still trying to figure out if this is a deal or we should walk away...Home is duplex in good shape, on the next street over from our home, and currently has renters.Buy price is 280K, appraised at 285K. We have...
Cynthia M Sanders
Real Estate Investment savvy Attorney
Looking for recommendations an attorney experienced with real estate transactions in the Cleveland Ohio area. I need help with a seller financing transaction. Thanks for any help.
Jabari Bell
Owner Financing or Lease to Own
Good evening BP, I was asked these questions by a fellow investor & I wasn't sure of the answer based on my knowledge/past experience. 1. How do you find out whether the owner accepts Owner-Financing or Lease-to-O...
Coco Zuniga
No pets in lease, saw cat in window while driving by property
K, so I know these are the kinds of things I signed up for when I became a landlord, but man, I'm not a happy camper...I drove by my property and saw a cat in the window of the house. My lease has a strict no pet poli...
Jason Mueller
Owner Occupant Multi-Family
Ok question is this. First, I am new to investing... I am looking at some multi-family properties and of course would like to put as little down as possible. In my head i'm thinking why not have my eldest daughter "bu...