First time I have sold a rental house. I've always done my own taxes. I have been depreciating the refrigerator, gas range, carpeting and tile flooring improvements separately from the house as they were improvements ...
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As a beginner, I’m looking at my first deal and not sure if it’s going to profit the way my wife and I are hoping. Our biggest question is how to set the monthly rent price?The cost of purchase is around 120k and the ...
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Property will not cash flow right out of the gate due to the 5 yr term. I believe the property has been for sale for quite some time. Price is similar to a sfh currently listed in the neighborhood.
Rent he...
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My tenant called me to let me know she's caught three bats coming out of the chimney in the last few weeks. I called a handful of extermination specialists, seems like no one is willing to come to the property for les...
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March Savings Index: Percentage of Savers Drops for First Time in 2021, but Still Higher Than Start of Pandemic
Ready to spend? With a lower percentage of consumers stashing cash in March than the first two months of...
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I'm making an offer & trying to verify what's in the MLS. The house has a detached garage, so that makes it easy to exclude garage. When I measured the individual rooms in the house and added together, it came up ...
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Hello. My husband and I purchased a home 5 months ago that needs some updating. We purchased the home before we began considering real estate investing seriously. As we begin considering our options, we cannot deter...
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Have been thinking alot,these last few days.(Dangerous I know) Tax enities have eagery spent more and more money,,,used ever increasing values of real estate to combat there increased costs.
Here that includes them...
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We’ve bought three properties, but this would be my first time selling, looking for advice from seasoned investors.We own a 4-Plex in Solvang, which we purchased for $850k at 3% (25% down), appraised at $1m when we pu...
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Every January, we release our outlook on what we believe is likely to happen in the coming year. This year is difficult because so many things are happening simultaneously worldwide.
I started this outlook in our Dec...