Hi, I am new to real estate and I bought a house recently and planning to house hack by renting the basement out while I live in the house for a year or 2 and then move out and rent the whole house. My question is sho...
Besides making less money, what are some good ways to reduce my income tax bills? I mostly flip & wholesale, so my income is primarily taxed at short term rates. Between state & federal last year my tax bill...
Are there any recommendations for books that focus specifically on direct marketing for real estate investment. Particularly interested in Multi Family although I guess any focus would be a great start. Thanks in adva...
Hello everyone!Can someone advise me with these one?If I hire a contractor do I have to give him a contract or do they give me one? how does it works? what is the important things it have to say to "protect" me?Also, ...
I'm a beginning real estate investor, and was wondering if anyone knows of the current IRS tax incentive to help rebuild some of the areas that were devastated by the hurricanes of recent years (i.e. Katrina, Rita, et...
Meeting with our attorney to draw up our first rental agreement in the Youngstown,OH area. I am looking for suggestions to add to the agreement that are not in a basic agreement. Basically, things I may not be thinki...
Hello,I'm on a board and am looking to help improve some of the balance sheet. The association doesn't hold reserves, deferred maintenance, and escrow in interest bearing accounts. Are we allowed to hold these monies ...
Hi all...the description says a quick summary but right now my wife and I are renting a house from a couple in their 80's. They agreed that it would be ok for us to bring in some friends/roommates as long as we don't ...
i know loopnet isnt going to have any good deals, im just using it to practice analyzing properties.Once i find out the Income and expenses, i get the NOI by using the 50% rule.Next i get the cap rate right? So this...
I inherited these tenants and the expired lease they have is useless. No smoking policy, not trash policy. So I can't use the lease here. Already have evictions going, but in the meanwhile they are above the law and c...