Hello fellow househackers!
Two questions for the group in celebration of tax holiday cheer.
1. Does your tax preparer have you use a 1040 schedule E or 1040 Schedule C?
2. Which portion of the tax code do they ref...
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We are looking for deals, but the question comes: should tenants pay for utilities: mainly electric & heating oil or would you have the expenses calculated in the monthly rent? We bounced this back an forth but ne...
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Hello, I have three questions related to one topic. In our short-term rental business, we have two properties under rental arbitrage and one property we own and reside in - also doing short-term rental (house hack). T...
Ok I am looking at a 17-unit complex in Texas. Total Cashflow $7870 per month 100% occupiedMonthly expenses including - loan, taxes, insurance, management fee, utilities, - $5200Net return per month - $2670This would...
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A property of mine in the California Central Valley went vacant at the end of November. For the past 4 years, I had a family renting the SFH. I performed annual inspections, serviced the the HVAC filter and smoke alar...
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Asking Price: $325,0006 UnitsUnit Type: 4 two bedrooms, 2 three bedrooms. Monthly gross $3945.00. Which seems low but I got off the phone with the realtor and this is what he tells me. Asking price: $325,000Down payme...
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Hi All,When i run the numbers on properties in Philly, if its a SFH, i usually don't include Water, garbage, electric etc. becuase that can be billed back to client: at least i think.Can somebody please confirm what c...
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Our company focuses is to buy and hold apartment complexes. We currently track a few KPIs (key performance indicators) to keep a pulse on how the portfolio is doing. However as we prepare to grow and begin syndicating...
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I'm analyzing deals in the orlando area and am having trouble finding out the fixed landlord paid expenses, I searched around to get the average bill for a 4 bedroom but I'm not too sure how to be certain I am doing i...
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I am finishing a total interior home renovation on my home. The house is 3 bedroom, 1.5 bathroom, full unfinished basement, one car garage, and the home is located in Long Island, NY. Currently my cousin is living the...