Hello, this is my first post on this forum. I'm a college student very interested in real estate investment. I was reading an article lately and then I started this calculation. It is about the acquisition of a renta...
My 3 family purchase is almost ready to rent, just over 6 months renovating. I understand "Make-rent-ready costs are not deductible." My question is what expenses along the way are a deduction this year? Property taxe...
I'm putting together my first offer. I found a buyer wanting to sell a duplex in Texas. I have driven the property, met with the owner, but I have not yet had an inspection or walked the inside of the property with th...
I'm looking at an off market 5 unit in the Chicagoland suburbs with a very low NOI, the landlord owns the property free and clear and has not raised rents in years, I've offered seller financing and they do not want t...
Am I wrong???In 2021, I invested in multifamily syndications while maintaining non-real estate professional status. Subsequently, in 2022, I transitioned to full-time real estate activities and am now eligible to clai...
Hey!I recently purchased my first property, a 3 bed/3 bath zero lot line (shares a wall with another house but no HOA) in Nashville. I’m fixing it up and planning on renting it. I’m self employed, and had a co-signer ...
Hi all, I am having a hard time making a decision on what to do about a Triplex I have under contract. Background: I have lived in Oregon for the past 10+ years where I own a SFH and a fourplex (purchased the fourple...
Hello! I’m purchasing an investment property that has a main and an attached casita with private entry. I want to rent them out separately and wondering if I’m able to just add a mailbox and label each door as ‘A’ and...
I am in the process of looking at a deal on a multifamily in NYC outside Manhattan. It is a three family home my question is should I bypass this home if the tenants do not pay their own seprate utilities. The home ...
As a self-employed VERY small business owner paying approximately 40% of my profit in income tax every year, I am (understandably) not interested in giving the IRS almost half of the money my tenants will pay for rent...