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Rental Income + Taxes + How will this come out on taxes ?I need some help and confirmation please, given as how have the year is now over and 2017 Tax season isn't all that far away . This year will be the first year ...
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Q1: In September 2020 I purchased what I will call a duplex, but really it is a SFR and a detached barber shop that was converted to a studio apartment, on the same lot. The SFR rents for $700 and the studio rents for...
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I had new tenants sign a lease on November 1st. At the lease signing meeting, they indicated that they would be setting up automatic Zelle payments to go through a few days before the end of each month for future rent...
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Hey all,
I just wanted to pose this question to all of the wholesalers out there:
How long does it usually take for you to get your properties under contract with the investor?
Thanks,
Lauren :D
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I am just getting ready to close on my first duplex in a few weeks and I am thinking about what I need to talk with my lawyer about to make sure I am including in my lease. What has been helpful for you/something you...
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Hello all,
I wanted to let everyone know my experiences as a newbie investor growing wiser and richer. First, i would like to thank all those here who have helped mold me and those who offered exceptional advice alo...
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So I came across Jeffcomm.org which is a website that lists the foreclosures for auctions. They meet once a month on Tuesdays I believe and auction houses. I was considering going this coming Tuesday or next month and...
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(MA) Through the COVID-19 crisis I have a tenant that has been out of work, like others. They have reached out to us with concerns of paying rent until they go back to work, which the timeline is not definable right n...
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I'm an experienced foreclosure flipper but am getting older and slowing down. I've had two other foreclosure acquaintances ask me to partner with them (they have some money but I have the most). How would you set u...
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I am looking at forming a multi-member LLC with some other investors. I would be the managing partner. My concern is that this may be considered a securities transaction.
- There would be less then 35 members. Probab...