Robert O'Keefe
What are Home Owners Association Fees?
What are HOA Fees? HOA Fees can seem mysterious or even intimidating to many.
Condo buyers typical ask:
- What are HOA fees? - What do HOA fees go towards?- Are HOA Fees Worth It? - Why pay an extra fee in addit...
Chris Shelton
House hacking tax write off question...
I'm currently house hacking a duplex and I don't have a LLC. I recently had new windows put in ($5900), will I be able to write them off on my taxes even though I'm not technically a business? Cheers!
Chris Sukala
Strange multi
So I found this strange deal. Haven't walked through yet just received info from realtor. So this multi unit is a 6 unit one 1 bed rents for 500, 1 bed rents for 550, 2 bed rents for 575, 2 bed rents for 610, 3 bed re...
Dominic Madrid
Realtor rehabber landlord organization
Not sure if posted to right forum but I have never been organized. I'm a great creative deal maker and initially flourished with operating on the fly. However now, with many rentals, real estate contracts, flips, and...
Preston Phillips
Multi Family Owner Occupant - Tax Savings
Looking to buy a multi family (3 unit) owner occupant this year. Goal is to live in one, long term rent one unit and short term rental the bottom unit. Im reading the book on tax strategies volume 2, and I’m learning ...
Mustafa Abdulali
What is the actual definition of a "rental door?"
Newbie question here. As I research REI I keep coming across the term "per door" but it seems to have different definitions. Let's assume we are talking about a typical 3/2 single family.In one article it is suggest...
Grant Shipman
Detangling: Buying Property & Property Managing & Asset Managing
When I was starting out, I was told about the difference between owning & PM'ing. I didn't realize it until later, but it super helped when I realized there's the following main skills everyone who aspires/is a r...
Christina Cryer
Which LLC for Bank Accounts - Holding or Operating or Both?
Hi- I am just starting out and plan on using the Profit First banking method. For my first property I will open five bank accounts. Three of these will be for the entire business (when I eventually have more STRs) and...
Elena Casey
URGENT ANALYSIS HELP!!!
Good morning,
I'm in analysis paralysis on pulling the trigger on my first two-unit investment property. Could you please help figure this out before I put in an offer this morning? Location is great for kids. 2 3-r...
Karen Kasjaniuk
Accounting for lawn equipment (expenses)
I have created financial statements for our personal family, and each of our three rental properties. We recently purchased some lawn equipment (expense, not capital) that we will use solely for the existing and futu...