Juan Correia
Smokers on non-smoke vacation rental
We have just finished rehabbing an apartment, electrical wiring, plumbing, paint, furniture, everything new.The FIRST vacation rental (Airbnb) host the we received just left and it smelled tobacco like crazy.We made i...
Nick Ye
A separating couple and existing lease
My tenant couple is in process of separation. The husband wants to be excluded from the lease and won't have any obligation in the future. If they both are agreed to this procedure, what is the proper documentation I ...
Christian De La Fuente
SFH vs. Multifamily (VA LOAN)
Hello everybody!I’m getting started on my real estate journey at the ripe age of 22 and need your help!Knowing that I do have time on my side, I am struggling to figure out where to start. I have the incredible opport...
Moira Baggett
What are the benefits of Depreciation on Rental properties?
How does depreciation work as a tax benefit to offset taxes due on other income sources? Is it better to have a more expensive property (for rentals) in order to create more depreciation...or several properties? Tha...
Aj Parikh
What should I ask my CPA
I am scheduled to meet with my CPA next week. What questions should I ask him? . Below is a short summary of my portfolio.2 rental properties in my state (VA)1 in TN and1 in OHI want to create an LLC but I don't know ...
Bret N.
Due Diligence Question On buying a 1st NP Note With A Tax Lien
The note I am looking to buy has back taxes that were "Sold To The State" in 2010. Even with that amount that was sold to the state the deal would still be worth it. How does this play out when you buy a 1st with lie...
Erik Garland
I need manual labor help
Easy question folks. I have an LLC of SFH rentals. I have 0 employees. I do most all renovation my self, but with a 2 year old I want to be home more. I don't want to lose so much money to outsourcing the work com...
Ahmed Nijim
Auction.com cancelled my bid
I have won the bid on a property At auction.com the bid amount was 93000 and the reserved was met , I got the property under contact for 93000 I wired the title company the deposit which is 5% and after one month of ...
Alison Jones
% Property Ownership
My boyfriend and I bought a property 3 years ago for $445,000. He paid cash for his 50% share ($222,500) and I got a mortgage of $222,500 for my 50% share (which I alone have been paying for the past 3 years). So fa...
Keith Goepfert
Minimizing Capital Gains when Selling House Hacked Property
Hey everyone, this is my first time posting in the community, so apologies in advanced if I violate any social norms here.As I understand, selling a personal property allows for no capital gains taxes to be paid on th...