Robert Rainey
Homestead Exemption Miami Florida
Hi All. Seasoned investor but venturing into off market deals. I have a deal in Miami, Fl where the owner was claiming Homestead exemption on two properties seemingly unknowningly as someone does advice them on these ...
Peter G.
Sale of Investment Property - Taxes
I am currently going over my potential tax deductions for 2018 and I have the following question. Does my expenses on the sale of an investment property in the settlements document goes into Schedule E or do I redu...
Nicole G.
Need Tax Advisor/Strategist/CPA in California
I really need to find a professional to help strategize the best ways to reduce taxes in addition to preparing taxes. I have several rental properties and I am self-employed as a real estate agent. For example, I didn...
Joseph Scorese
How will Rent Control Impact the Real Estate Investor
Rent control can have significant implications for real estate investors, both positive and negative, depending on the specifics of the rent control laws and the investor's strategy. Here’s a detailed breakdown of how...
Travis Buck
Tenant has short term disability in TEXAS
Tenant has good rental history with me. Has had a condition that qualified them for short term disability. This gives them 60% of their salary through their employer.
Am I required to reduce their rents?
I have a go...
Tom Henderson
Difference between ROI and CAP Rate?
Hello Team,I am working on updating my Annual Property Operating Data worksheet (from "Cashflow and 37 other equations you should know"). I have a CAP rate metric on there, I don't have ROI. What is the difference bet...
Derp Gurp
Regarding depreciation and tax credits - Question
Hello everyone.I've been scouring the internet for a while and I can't seem to come by depreciation. What an accountant has told me is that depreciation can stack year over year if you have excess leftover. For exampl...
Naveen Desai
How do I go about this? 40%equity commercial loan 30 yrs @ 4%. and want to reduce monthly payments
Hi, I have a loan ( commercial) @ 4% with 40% equity built in and remaining payoff about 117K. I would like to reduce my interest rate and also reduce monthly payments. Thinking of refi with 5 yr ARM. I know I can...
Jameson Dixon
Advice on next step
Hello! I bought a house in Tinley Park in 2021. Current mortgage is 1748. Interest rate is 3%. I have renovated most of it (new hardwood floors, removed walls, paint, new banisters, furnace, roof, HVAC, cabinets, app...
William Chan
Question about commissions
I am a first time home buyer.
We are in the middle of negotiations.
The seller verbally agreed on price X.
Then seller reduces both seller agent and buying agent commissions...Is this legal?Why is the seller allowe...