Is a self-directed IRA worth it if you don't already have one? What would be the benefits of starting to save in a self-directed IRA vs just using post-tax cash and utilizing tax strategies, such at 1031 exchanges?
In 2012 I bought a house in a small rural town in Northern Montana where I was working at the time. The house served as my primary residence up until last October when I moved out of state for another job. I listed th...
Is there a nickname for living in a house for 2 years and then selling it. Then buying and living in it and rehabbing and then selling the house in 2 years. Is there a nickname for the strategy
Ready to invest in Memphis rental properties?
Memphis is one of America’s most affordable cities, yet it offers a diverse economy, excellent location, and plenty for residents to do.This makes it a hidden gem in an e...
I have searched the old forums and haven't found an answer yet...
First - I know it is ideal to have all utilities in the tenants name/they pay.
Now the 'what if'... If I have a duplex with utilities not split (and...
Hi everyone! I got into house hacking without knowing it was a thing. My property has 2 studio ohanas (in-law units) that are almost covering mortgage and other expenses. I include utilities in the rent (rental units ...
I noticed that most apartment rental listings charge extra money for utilities which makes the actual monthly rent higher than what they advertise. In comparison Condos listings have utilities included in rent as thes...
Hi, newbie landlord here. This will be my first year filing a schedule e form. I converted my home from primary residence to rental in May of last year. I’m trying to figure out if I can deduct mortgage interest for t...
Hi! I just bought a house and am having my current roommate (friend) move in with me + potentially adding another roommate to rent out the third bedroom. Are there any tips you could give me in terms of writing a leas...
It’s coming up on the end of the year and with the uncertain economic circumstances, it’s crucial to have a firm grasp on your business’ financials. Here are 7 tips to take advantage of in Q4 to help successfully clos...