Aaron S.
Co-Ownership and Taxes: Who gets to claim mortgage interest, depreciation etc?
In 2022 I bought a single family home with a VA loan. I house hacked with my partner paying half of the monthly expenses. We also had 2 roommates and we split the rental income from them every month.After a couple of ...
Alex Babayev
$27K Flip Profit + Deal Analysis (Would you take smaller profit?)
We bought this outdated & uninhabitable 2BR 1BA 800 sq ft SFR in Smyrna, GA on May 10th, 2017 off the MLS. It was listed for $68K and had multiple offers with a highest and best situation. We paid $73,800 cash for...
Jennifer Roof
NC 22 Hwy Carthage, NC
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $295,000
Cash invested: $22,000
Before moving into this house we had to add piers under the hours as the previous w...
Mary lou L.
Vent. Fake Craigslist ads!
I've been flagging ads that are obviously not rentals in the area where they are listed. These ads have low rents listed! And most times the descriptions do not match the pictures posted. I am positive they are spam a...
Erik Applegate
STR - pool heat costs billed to guests?
Hey everyone, looking for some advice on charges back to guests in Scottsdale, specifically around heating a pool for them. About to install an electric heater, I want to minimize interactions though and avoid request...
Greg Borzick
Financial planning software - extra mortgage payments and payoff dates
We presently have 10 homes, each with a loan. Our goal is to retire in 5 years. In order to do so, we are making extra payments on our loans. As one loan is paid off, the extra payment plus the payment from the ...
Jeffery R.
I need some solid advice
Hello all!I am in need of some solid advice in my particular situation. Currently, I have my primary residence where I live (118k left on the loan, valued at 130k). I've liquidated my IRA and have around $30-35k that ...
Alan DeRossett
fruit tree Tax exemption
In California more then 5 fruit trees is considered a Orchard for tax purposes, I can get the Orchard Tax exemption for first 4 years after planting. has any one tried this with multifamily properties? I know of singl...
Kristen Martin
Are pools a nightmare for rental property?
The area that I live in gets quite hot in the summer...we're talking over 105 for several weeks. Part of our investment plan includes us buying a SFR, that we will live in for 2-3 years, and either rent out or sell at...
Tyler Hodgson
Bi-Monthly Rent
Hello everyone, I would appreciate some feedback / suggestions:Tenant wants to make rent payments bi-monthly. Current lease states rent of $1775 due on the 1st. They want to pay $887.50 on 1st and 15th. They said they...