Avi Srimani
Advise requested
Hi,
I am looking at a four plex. I asked for Schedule E. I got for three years.
Last year shows as follows:
Rental Income : 20,000
Rental Expense 20,600
Depreciation 6000
Rental Loss 6000
Last three year the fi...
Trevor Howell
Looking at buying first STR.
I’m looking into buying my first STR. I have been looking at Branson MO. I am looking at other towns also. Would like to meet and talk to people who are in STR right now.
Zahra Fathollahi
How to find renters besides zIllow,…
Hi real estate investors. I am new and just starting to read, listen and Learn. I love the BP community and the information they are proving. A friend bought a single family house and wants to rent it. I appreciate if...
Tina Lee
When agent ask you if you own another properties on the area
Hi all, a lot time I call and ask to schedule an appointment to view the property . Some agent like to ask me if I own another property or another properties on the area, or even sometime the management company will a...
Dana N.
Filing Taxes with my LLC
Hi BP,Help!!! My tax person is saying I need to file for an extension. We have an LLC and I'm under the impression you file with your 1040 and have until 4/15/15.Does an LLC have to select an S or C Corp when filing ...
Account Closed
Do we really get tax benefit for rental property?
Lets assume a Scenario: A new investor who invests $150K on a first rental property. No other retal or home mortgages.
IRS: US govt already allows a "Standard Deduction" of S24,400 (Married joint filing). The other o...
Victoria E.
Seeking advice on Seller finance terms
Hello, I am seeking advice as I am new to seller financing. I want to understand how to structure the finance terms.if for example the house is on the market for $200K1. how much do i ask for down payment2 going in...
Alfred Clarke Jr
Newbie in Philadelphia, PA Looking for help
My name is Alfred and I am just starting out in the REI business. I am looking to start out by being a wholesaler in the Philadelphia area, not just for the quick cash but to use it to get me started with FF and BH. I...
Bryan Tinajero
Bryan from chicagoland suburbs
Hi,I'm from Glen Ellyn, Illinois and ready to dive into Real Estate. Here to learn the game and get started!
Tony LaCoste
VA Loan on Multi units
Hey BP members,Can you exceed the VA loan limit when buying more that one unit (duplex, 3 plex, or 4 plex). I have heard it both ways... so I am trying to find someone who has actually bought a multi family unit that ...