Jeremy H.
deduction rental, property tax and mortgage interest
I wanted to buy an investment property for rental. my payments on my primary residence will hit the limit for mortgage interest and property tax deduction under the proposed GOP tax plan.But as I recall doing my taxes...
Godsheritage Adeoye
Title transfers in courthouse
Hello everyone,
I’m about to close my first deal, but the seller is insisting on transferring the title at the courthouse rather than using a title company. Does anyone have any insights or experience with this appro...
Eric Hamilton
better to donate or sell
Hi I was recently involved in a scam of real estate. Im trying to recoup my loss the best I can I have two options and want to know which one is the best in terms of losses on taxes and getting more money back on my t...
Michael Alford
Tips for removing deceased's possessions from a property?
Hi folks,I have a property that has quite a few items that will need to be cleared out before listing it for sale.Does anyone have any tips for how to handle this most efficiently in a respectful manner?Bonus points f...
Brad Blank
Refinance or HELOC for 1st Rental
I was given a property some years back as a donation. So the property is free and clear of any debt. Unfortunately, I was not able to use it as rental property and start my venture into real estate investing until n...
Sandeep Singh
Rental Property Repair Attleboro Area
Good morning All,I am repairing my new rental property and was looking to buy following items . As this is rental property I want to buy something which is reasonable but good quality product. Any recommendation/advis...
Stephen Race
How to account for disposing personal property
Hi, I purchased a furnished rental property last year. I created a separate depreciation item for the original personal property which is in year 2 of 5 years of depreciable life. I recently did a remodel and donat...
Zachary Blomberg
Seeking Advice on Current Budget
Hello! I have been struggling to understand why I can't meet my budget goals each month with a more than reasonable budget of $5000. I live in Phoenix and am married with two little girls, ages 2 and 4 months. We do n...
Joseph Pugliese
Doubtful Deduction
The median priced home is $220,000. Assuming 10% down and thus a $198,000 mortgage, at the current 30-year mortgage rate of 3.7%, that works out to a payment of $917/month. Add $180/month for property taxes and the to...
Kenny W.
Picked up a hoarder home
Hello all!I recently picked up a hoarder home. The outside (and probably inside) is pretty bad and I am just looking for overall advice on cleaning up the junk.Are there places (scrap metal recycle?) places I should c...