Hi all,I'm closing on my first SFH rental in the 19121 zipcode area in Philly and wanted to know what do you usually include in your rentals?I'll have for sure a refrigerator and a stove. But was thinking about a wash...
In a SF property who would pay for the eclectic, gas, garbage, and waster & sewer.
HI ya'll, newbie rehabber here. Am I missing something in my holding costs? Here's a sample project. Numbers fudged for easy math; using 360 day year/30 day month.
assumptions: borrowing $140K at 8% for 6 months; ac...
How do taxes work if I sell a rental property for a gain within a year of purchasing it? Am I able to deduct all of my expenses from operating the rental against the gain from the sale?
Is it legal to have 2 separate renters sharing the same unit in Lowell Ma? Would be separate leases for the same unit. If anyone has information on this subject please let me know. Thank you!
I found 3 duplexes for sale, all from the same owner. I tried running the numbers but i'm confused about where to put CapEx in the spreadsheet. Is it part of monthly expenses (budget)? Or do i calculate CapEx after th...
I bought a SFR with a completely built out In-law suite in the basement. My tax person says I can deduct a % of the repairs I've done based on the SQ Footage of the basement unit. Seems clear enough. However I am also...
Hi all,I live in the Indianapolis area and am starting to think about potentially becoming a private money lender...I'm going to have to brush up on what the current state of real estate is as I haven't looked into th...
I am currently completing a live-in rehab on a SFH and looking to complete a concurrent SFH rehab/resale before relocating next year. I have a small bank willing to do a portfolio loan at 80% of purchase, 2 points ove...
Hello! New here and very new to the real estate world and have a Capital gains question in regards to a land sale. (If this post belongs elsewhere please advise.) My father recently purchased a single family home in M...