We have a signed lease for a tenant to move in Aug 1. Tenants let us know yesterday they need to break the lease agreement for a family emergency. We are trying to arrange new tenants ASAP. Are we legally obligated to...
If I have been taking a loss as the house is empty while it's on the market. Will it hurt my chances to get another loan this year as my schedule E will show a slight loss on paper once the units are all averaged. The...
So I tried QuickBooks and Buildium, both great and snazzy but ultimately using Excel is just faster and with Office 365 I literally create a clear audit trail (my job has me working with auditors everyday...) by input...
With straight line amortization schedules, interest payments decline over the life of the loan.Does anyone have some tips (or formulas, or excel tables) for calculating the actual interest collected if you buy a note ...
Newbies in San Angelo area looking to work with a real estate agent willing to share comps or sales in this area. In return, we can refer those home owners who we talk with that prefer to take their time and sell th...
Can I pay off my principal ahead of schedule - will bank cut the interest?
Hello Bper's,It's been while since I've been here. I have a rental that the current tenants are moving out in the fall as they are building a home and that is when their new home is going to be ready. I have someone...
Title: Part rental: Mortgage interest+Property tax distribution between 1040-Schedule-A and Schedule E
I was doing a review of at my past tax returns which I have a tax firm file. For my part-owner-occupied-rental ...
Hi Guys! So it's my first year filing my taxes for my multi-member LLC's. I filed my business taxes first which generated my schedule K1's for my partner and I. I show a dollar amount in section 3 (Partner’s Share of ...