The lease is for commercial use by a medical tenant. I'm trying to determine if it implies that the tenant pays the property taxes. "Additional Rent: During the term of this lease, tenant shall pay landlord, in month...
If you are planning on selling your rental to the tenant in a sort of wrap around mortgage scenario, are you going to be taxed for capital gains since it wasn't you living there? If so, when does it start?
Hello All:Background: I'm currently working towards my Relator License for the State of Michigan. In one such class, the instructor highlighted the importance of analyzing Real Estate deals with Depreciation for Buil...
I have a property I might buy. I thought the numbers sounded good, but when I put in the expenses and rent into the rental property calculator, it shows a negative cash flow.Here are the numbers.Purchase- 55kInterest ...
While I´m sure a Google search can find me this answer, I just want to make sure I don´t land on some scammy website that doesn´t actually create the LLC for me.I am assuming there is a way to do this online, right?
quick tax question for you guys. I'm trying to get organized for tax season. Are Annual HOA dues deductible in the year they are paid or the year they cover?example: I just paid the 2016 hoa dues on the property on...
Hi folks,Does anyone have a cheat sheet (list) of activities that qualify for REPS? We just have one investment property today (looking to add two more this year). Jason
Hello everyone. Can anyone help me with information using your IRA (Roth) for real estate investing? Specifically, can you setup a self-directed IRA and use that money to invest in your own real estate investing, say ...
Can you guys teach me these rules50% rule70% rule1% ruleand more rules.
I need to open one up before the end year. A quick search yielded me mysolo401k.com. They charge 425 to start up an account, and 125 a year for maintenance. I will probably start doing the maximal 57k contribution for...