Hi! I need to know if anyone has a similar story and how it ended for them, or any advice on how to proceed.We bought a rental house in June 2016 that needed LOTS of work. We noticed after finally getting the water on...
I have property in Indiana. I wish to transfer title to them to an Indiana LLC. I own them as tenants-in-common with a relative. They will do something similar for their share of the property - transfer title to their...
This past year I spent somewhere around $30k in renovations for my MFR. Do I have to claim all of renovations for 2016 on my 2016 tax return or can I claim work completed for future tax years? My concern is my rental ...
Hi guys! I can’t seem to find any info on this: I leased a car from a private owner and he has been sent off to prison and I guess for a while. He hasn’t tried to contact me and I can’t find his family anywhere to try...
Our tenants of three months notified us on the day that rent was due that they would be moving out. It took them a week to get out. The house was remodeled right before they moved in and in just three months, they com...
Hello everyone,So, its tax time. I am just wondering, I've listened to the podcasts and heard something about real estate professional vs not... I know how that works however I would NOT be considered a real estate pr...
Hi everyone, My husband and I just got our first investment property (singe family home) under contract and would like some recommendations on a good inspector in Atlanta/Cobb County. Also, since we are first time inv...
Question about cashing out refinancing. Currently fixing/ househacking a 2 family home.. is it fraud to refinance as a owner occupant then rent out the apartment you are living at after the refinance is complete? Own...
My husband and I have 4 rental properties, and we're strategizing on the best way to protect our personal assets. I'm not sold on setting up an LLC, for several reasons. Putting all 4 properties into an LLC would mea...
My husband and I have 4 rental properties, and we're strategizing on the best way to protect our personal assets. I'm not sold on setting up an LLC, for several reasons. Dumping all 4 properties into an LLC would me...