- Hired a property management company in May 2011 to manage my rental property- Typical management agreement between me and the company, included clauses saying that 1) they would collect a deposit equal to one month'...
I had question about the mortgage interest deduction on my primary home. I understand that I can deduct mortgage interest up to $750k on my personal residence. Let's say my 1st mortgage balance is $600k and I want to ...
I've been keeping my eye on San Antonio a bit as it seems it's going through a correction and potential for cash flow may be increasing. It seems potentially possibly to get a property for 150k that can rent for $1500...
Got you in that click bait! Ha! But wait...
I'm reading tools of titans by Tim Ferriss and I must share this quote relating to the subject.
"Far more money has been lost by investors trying to anticipate correction...
Great episode with Florida commercial real estate developer Joshua Pardue! Check it out on Spotify
Aloha,
I’m looking for some feedback on some annual historical averages on Oahu.
These come from many difference sources, which could be unreliable.
Which of these seem incorrect to you?
mortgage closing costs: 2...
Hello guys,My parents own several properties in San Jose and have been using the same tax guy for 20 years or so. However, I don't think he is very good. Basically, they use him because he is cheap and they have used ...
Many people create passive income through rentals in states outside of where they live. They create LLCs in the state where the property is located while maintaining an office at their home in a different state. If ...
I know STR income is treated as active by IRS (like a hotel) and I have S Corp. My accountant used form 8825 (rental real estate income for S Corp). Is this correct? I would have thought it should appear in a differen...