Good morning -
This week we evicted a tenant for non payment, constable came out and removed tenant, locks changed, etc. Tenants were placed by our management company that we have terminated our agreement with.
Whi...
This past spring I purchased a home that my disabled son is now living in. Because things came up very quickly, I took title in my name only, which means that I have to pay tax on the rent he is paying. Given that I s...
The city of Detroit has declared that tenants need no longer pay rent unless the landlord complies with the city's new stringent inspection & registration regulations. They have identified their enemy and declared...
Hi, I'm new to real estate investing. I was wondering if I form an LLC to use for making investments, could I deduct the purchase of real estate from my regular income? For instance, let's say I make $200,000 a year f...
We are Tenants in a 3 db 2.5 ba home and also owns a few duplexes and I would likkke input here for me personally, and i case something as this were to happen in our duplexes,April 1oth we had a water leak and immedia...
Hello...I’m very new here and have really enjoyed reading the posts and advice. I’ve been a buy and hold investor for a dozen years and I can’t believe how much I’ve learned from this site in a few short days! I curre...
I've been approached by a lender from UpLands Private Lending, and their rates seem great. Does anyone have any experience working with them?
Hello,According to NOLO's Tax Deduction Guide, the waters are somewhat murky when determining whether a rental property owner is a "business" or "investor." I own one out-of-state single family residence that has ten...
This is a not happy post and we feel like we are in a difficult spot. I did my first Brrr property and things have been tough from the start. I was able to get the property renovated, refinanced and listed with a prop...
Hello, I have a short term rental which has not generated positive cash flow yet and I have been managing it actively more than 100 hours this year and qualify as an active participant. I am not a licensed real estate...