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Hubby and I purchased one duplex 6 yrs ago. After mortgage payments/insurance/taxes/expenses. We are at 0 profit at best, some years have been at a loss which helped cut our personal taxes.
Want to purchase 2nd pro...
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I am managing 4 rental properties that me and wife owns. All of them are LTR, I do have a full time job so this is something I do outside of that.
Regular activities include yard work, small repair & maintenances...
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Early failure is when hings don't go as planned at the start of something new, like a project or a job. It happens as you're figuring things out, trying new ways, and facing challenges for the first time. These failu...
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So the other day I was in the chat thingy Josh has going on here and Rich Weese, Will Barnard, I think Bill Gulley and maybe another joker or two was there I forget.
Anyways, Rich mentioned he was going to be in Veg...
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Currently we own a 2.5 year old house. We bought the house because it was brand new, and it was in a place where we thought we would live for a long time. Long story short.... Taxes went up drastically, a paycut came ...
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Hello all,I am looking to buy an apartment building. Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing...
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I am currently looking into buying a rental property. However I will pursue the deal that makes the most sense and wanted to confirm I am on the right track in regards to my understanding of tax write offs. I plan on ...
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Hi all
I have a previous house (now rental) that is quite underwater. I paid about 10k in repair costs this year for a new HVAC and the basement had to be excavated due to the plumbing collapsing under the house. Ye...
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@Brandon Hall
I am reaching out because I was unable to find anything on alternative minimum tax in the forums. Brandon, I feel like you would be able to help with the following question.
I have been trying to...
Our tenants (who have rented from us for about 1 year and 5 months) are having to terminate the lease early due to job loss. The husband was the primary bread winner and lost his COO job. He says he found a new one ne...