I purchased In Northern California at the end of 2015. I relocated for work about a year later and have had it rented the last 3 months. I had purchased with an FHA loan and have a mortgage of 1120/month. It's rented ...
Hi All,
I am a tax lawyer, and here is an update on the foreign homebuyer tax rebates in Ontario, Canada.
As of March 30, 2022, the Non-Resident Speculation Tax (NRST) rate is 20 per cent, and applies to residential...
Hi all,If you're aggressive about deducting repairs & improvements in-year on your taxes (as opposed to capitalizing over time), could that have a detrimental impact on DTI and therefore future ability financing a...
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How are people dealing with insuring knob and tube properties? I am an investor in Windsor, ON and many of the homes are older and still have some remnants of knob and tube. Rewiring is obviously one solution, but doe...
Anyone ever hear of him or attend his boot camp? He focuses on apartment complexes. Because I'm a member of the REIA in New Orleans I can attend a 1-day seminar for $20, but I didn't sign up for the 4-day boot camp fo...
Any recommendations about short sales that need bank approval and what to do next when the offer is accepted? Thanks
Investment Info:
Single-family residence buy & hold investment in Philadelphia.
Purchase price: $129,000
Cash invested: $10,000
One bedroom condo in the Loft District; purchased when area was sti...
I know that as a landlord manager of my properties I can deduct at a rate of $0.56/mile the cost to drive to my rentals as long as I keep good records and for certain approved activities such as collecting rent; going...
Quite the interesting REO experience I just had: I put an offer in on a property last week w/ a 10 day inspection; the bank countered with "0 days" for one. Now, since this would be my first rehab, I'm not comfortable...