Since tax season is coming up in a couple months, I want to make sure I understand my optimal tax strategy.
I will be claiming the standard deduction (12K) on my personal tax filings. No way I can match this amount w...
Good morning! Wondering if anyone else here rents per bedroom to college students? I'm a somewhat new landlord & have 1 tenant moving out while the other is staying. Wondering how to go about the security deposit...
my tenant of two years received a $70 monthly rent credit in exchange of maintaining the front and back yard. This agreement was written into the lease. The front yard was maintained but the back yard was over grown ...
hello everyone, I’m at my final phase of closing on my first property(multiplex). After doing my analysis, crunching number, and due diligence I get hit with flood insurance which has been on heard of for my location....
Hi all,This year, my fiancé and I bought and moved into a house, and started renting out the old house. The old house is in just my name (the new house is in both our names). Both our names are on the lease as the lan...
Hey everybody,
We are rehabbing our first single family buy and hold investment in Baton Rouge with the BRRR strategy in mind. Here is our first quote on adequate insurance for the property. Does this sound right? Se...
I am looking to looking to cash-out re-finance my current mortgage. I looked into mortgages and they are anywhere from 70-75% LTV. I was told by a local bank that they can do a Home Equity Loan (HEL) at LTV 80% and th...
Hey folks -
Would love to hear from those who own vehicles that are considered business expenses. Jumping from 1 to 5 units soon and I will be buying a used truck to have on hand for building materials, appliances, ...
Hello,I would really appreciate some insight. I’m considering buying a condo in the SW Waterfront neighborhood (Potomac Place Towers) of DC, and am wondering if it’s a good financial decision. I already believe it’s a...
I have about $37,000 worth of debt between student loans and used car payments. My highest rate is 6.5% student loan (tax deductible) the lowest is the car loan at 3%. I want to break into RE investing with my bigge...