Jason Bott
If you have or need Flood Insurance - FEMA Raising Fees and Rates April 1 2015
For investors who own or looking to purchase properties in a Flood plane, make sure to factor in these future premium increases FEMA will implement April 2015. These costs are in addition to the rates currently being...
Sarah Jukes
2017 IRS long term capital gains tax rate
In 2017 my husband and I sold our home that we’d owned 4 yrs. AND my mum’s only home which has my name on it too, just because she felt it best to do so. (We bought a diff house and live together)At that time we didn’...
Jeff Dimmler
Pay down my loan or save for the next investment?
I recently purchased my first home! Currently, I am living the townhouse I bought and plan on renting it out. I would like to either purchase an investment property and keep living in the current place, or house hac...
Nathan Gesner
Hiring children for tax savings
I'm just learning about hiring my children and the tax benefits. I think I understand how to do it, but am confused on one point. I'm reading online that we can hire a child up to the age of 22 but my CPA said 18. Can...
Yos W.
Rental Property Expenses for tax deduction
As a new landlord, I wanted to ask the veterans on tax deductions for expenses I incur on the rental property.things like: Bathroom Remodeling expenses made by me.. (or by contractor), plumbing expenses for unclogging...
Teresia Sayler
HELOC interest deductibility
I understand with the new tax law that if you use a HELOC on your primary residence to purchase (possibly improve) investment/rental property, that the interest on that HELOC is deductible. Will this interest be list...
Sean Dezoysa
Help understanding Section 8 "payment standards"
Hi, I did a quick rent estimate of a 3bd property in zip code 44142 and found it rents for about $800/month: https://www.rentometer.com/ana...But it seems every zip code in Cleveland, including this lower priced one, ...
Ted Kawabata
Detecting roaches at the CHECK OUT inspection
OK I don't see a post answering this questions, either on BP or on the web. Help!I'm checking out a tenant and he did an amazing job cleaning. The place looks GREAT in every way. But there is a big roach problem th...
Henrietta Lee
Tax pre-payment for rental sold
Hi, I sold a rental property that was rented for 16 years in CA this year. The net capital gain was $480,000. Depreciation taken was $100,000. Escrow already withheld CA State tax. I'm retired in FL with $25,000 socia...
William McCauley
insurance
I am flipping a house . What kind of insurance should I purchase and where do I find a broker in Kansas?