Daniel Dietz
Deductability of 'home imporvements' if running business at home?
Hello All, As my day job I am a Kitchen and Bath Designer and Remodeler. I have a showroom in a commercial area and have long planned on making a small Design Studio in about 10 years as a 'semi retirement gig' in my ...
Becca Tew
Help! Financing rejected because income can't be counted in D/I
I'm in a bit of a bind and I'd really love some advice. My lender has rejected me last minute because he was unable to count my property management income towards my debt/income ratio since I haven't done my 2016 taxe...
Barbara Sheppard
Pittsburgh Water Shutt Off List
Hello Pittsburgh Investors! Has anyone obtained a water shut off list from PWSA? If so, would you mind providing some guidance. I'm being told that such a list does not exist and therefore cannot be provided.Thank ...
Bryan Wilhelm
No income for our LLC, taxes?
I have a newbie question regarding income for an LLC. If a property grosses a 100k, nets 50k after expenses, and then capitalizes the other 50k in improvements to the property, what is the income that is taxed? 100k?...
Mike Montana
Advice needed on how to account for differed Cap-Ex in offer
So I have been analyzing an opportunity to purchase a property with 33 units. After doing the Preliminary evaluation of expenses and revenue we come to the conclusion of what we believe the property is worth on paper....
Kwadwo Boafo
Non-Pro members calculating deals
I was wondering how investors who are not bigger pockets members; new/experienced without the pro membership are calculating/ analyzing deals on a regular basis? Considering the number of reports you can generate on ...
Robert Slatkin
REO in Cleveland, Ohio - Need help (and fast!)
Hi everyone,
I am new to investing outside where I live, and am considering purchasing an SFR which is bank owned in a good area in Cleveland. Anticipated purchase price is around $40k, and I'm told the curr...
Matthew Morrow
Sub2 Deal- From an Agent Prespective
Hi AllWe have a client wishing to utilize a sub2 strategy for several purchased in our market. Fantastic idea and even better deal if we can find a seller willing to cooperate. What is everyone's experience with this ...
Matthew Paul
Young couple good income bad credit ........quandary
I have a young couple wanting to rent a 2/1 for 1325.00 a month They have good jobs and the income is more than necessary to qualify . But their credit is 466 and 501 . They are in their mid 20's . Everything else lo...
Snehanshu Ashar
1031 replacement property buyer agent commission rebate
Hello all.I have some 1031 replacement property transaction questions:For my replacement property, can I work with a buyer agent who offers me rebate from their commission?Can this rebate be in to form of a check afte...