Hi,
I would like to know under what circumstances does one file for 8825 vx. Schedule E.
Also I just got a schedule E from a seller. However in the tax line of the form there is no entry. The profit is being shown w...
Newbie closing on my first property, how do I keep my rental income separate from my personal accounts if I don’t have an LLC and therefore can’t open a business account? Should I just open a separate checking account...
We own a SFH long-term rental. We self-manage. We have good tenants in there entering year 2 of a 2 year lease. One of the tenants hung a picture on a wall, puncturing a water pipe. There was a leak and about $10k in ...
A lot of landlords out there are missing the fact that the tenants are the caretakers of their investment. And to make them more invested as caretakers and not just feel like renters; these are five tips that can help...
Alright BP, here's a question. I have a tenant that I recently placed in a Baltimore area home on a long term lease. Before the first month is up, he told me that due to an inheritance, he would like to pay the rest o...
Article on Market-Watch:
https://www-marketwatch-com.cdn.ampproject.org/c/www.marketwatch.com/amp/story/guid/E5127276-1A17-11E7-8755-9AB7B5C1C318
Spoiler alert:
- According to the mortgage bankers association, the a...
As stated in biggerpockets Real Estate glossarry,
Assumable Loan - A loan in which the lender is willing to “transfer†from the previous owner of the home to the new owner, sometimes at the same interest rat...
I am closing on a new duplex in a few weeks. The property has 2 existing tenants that recently extended their leases in July. I want to make the purchase transition easy, seamless and not scary for them. I have two in...
It has been almost 10 yrs since the last recession started. Many of us have not been through a downturn. Can some more experienced members tell us what to expect if we own notes and give suggestions on recession-pro...