I am looking for some help to clarify the way that income reported on my taxes will affect my debt to income ratio? It is my goal to minimize my income as much as possible using legitimate expenses and depreciation e...
As backstory, I am looking into a property in Texas. The property is being offered as a "resale" and has been on the books as such since 2011. Before the county foreclosed on the property the previous owner took out s...
I live/work in Los Angeles, CA and want to purchase a SFR investment property in the Inland Empire (1-2 miles east of LA). This is my first home purchase and I'm having trouble qualifying for a conventional loan with ...
my renter moved out April 1st 2016. he kept the keys and never returned them but sent the remotes back after 45 days or more. I waited 3 days then changed the locks and purchased and programmed new remotes. Then, 1...
I am a partner in an LLC with three other members. This is our first venture into real estate, and unfortunately banks won't loan to a new LLC; therefore, one of the partners is going to place the mortgage in his nam...
Hi BP!Happy Friday.I’ve got a 2 part question for the forum:1) Can I take bonus depreciation through a cost seg study if I’m not classified as an active investor? Doing a mid term rental in Texas with solar and was h...
Hello everyone. I'm working with a friend who has many years as a Real Estate investor. We are considering starting our own property management company in California. Neither of us is a licensed broker however (requir...
My lease currently reads "Tenant agrees to pay the rent in advance of the first day of each month to ME to be deposited in our local Bank Account#00000000 or at such other place as management may designate. By paying ...
No one really talks about co-living but it is a great way to increase rental income by 25%+ and turn your house into purpose. I have been doing it for the last year and it has had great results! It is fairly easy to s...
Houston Makes First Regulatory Response To Harvey Flooding HOUSTON (Houston Chronicle) – City council agreed last week to require all new construction in the city's flood plains be built two feet above the projected ...