Andrey Y.
Deducting my $800 appraisal fee (X2) as an expense for the year
I was just doing my taxes and I realized I had paid for two appraisals ($800 a pop) for two refi's in 2019. Of note, I paid them with a credit card and they didn't appear on the settlement statement at the end.If I ca...
Alberto Leonard
BRRRR Calculator using hard money
Hello everyone,I've been searching the forums to find out how to utilize the BRRRR calculator when a hard money lender is involved but can't seem to find a straight forward answer. I would like to be able to enter a...
Nick Janovich
My head hurts from thinking about tax methods.
As my first year of real estate investing winds down I'm starting to think of pending tax preparations. I had a lot of questions, found a few answers, and am generally left with more questions. I purchased two propert...
Nathan Churchill
Can I write off my fence install?
Hi, I'm wondering about whether or not I can write-off an expense I had this year. I purchased a property last year and it didn't have a fence, because the previous owners took it down (and to their new house, I assum...
Julia Amelyan
Sewer Backup Insurance
Has anyone found any type of sewer backup insurance coverage for rental properties? I live Wisconsin and my insurance does not provide this type of coverage. There have been properties that have had issues with their ...
Marcos Carbi
Are 4 point inspections enough to find any deferred maintenance?
Hi all, I'm looking to buy an 8-unit (4 identical duplexes) portfolio in Florida and was wondering if I should do a 4-point inspection (much cheaper) or spend the extra money and get a full inspection on all 4 duplexe...
Briana Martin
Off Market Properties= NOT turnkey?
I am new to REI. I am looking for something turn key, but am also looking for off market deals. Is it safe to assume that an off market property that someone is actually willing to sell would more than likely NOT be s...
Peyton Carroll
ATTENTION: Indianapolis, Indiana - Venture Seeker Alert
"20 years from now you will be more disappointed by the things you didn't do than the ones you did. So throw off the bow lines. Sail away from safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover...
John Stanley
Investing in a low cap rate environment
Hi everyone,I live in Germany and have been looking at buying rental property for about a year. In my area, buildings have gotten quite expensive but rents have stayed relatively low. In residential I'm seeing cap rat...
James Edwards
Fence Placement on Property
Evaluating the placement of a fence on a property. Code allows for it to be placed on the exact property line. State late stipulates that if it is exactly on property line the neighbor gets a say, and can also be bill...