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Hey there,I am looking at a Tax Deed sale and there is a lien (one of many) on it from a debt collection agency. I've begun to work with the county and municipalities to work on reducing the amount ill need to pay, bu...
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One of my tenants have not paid in months and I'm trying to get her evicted (Thanks CDC!). She's now complaining that some of her lights aren't working which is likely a breaker issue. Since this isn't a life th...
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I viewed a Houston, TX area listing for a 2 bedroom/1 bath recently and discovered that the house is actually a 3 bedroom due to a converted garage that was most likely done without permitting. I assume they wished t...
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Hello- We just got our home inspection done for our first time home and here are the major issues that our inspector identified. Since it is sellers market, we are already paying way over the listing price. Would you ...
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Hey guys,Im trying to get an idea of how much a rental property could help with offsetting income taxes. Im looking for a SFH here in SoCal to rent out long term. The purchase price is 250,000 and the rental income is...
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Without a Cost Segregation Study, this $595,685 Single Home in Miami, Florida purchased in 2020 would have generated first-year depreciation of approximately $22,000. By applying a Cost Segregation Study, the prop...
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So as landlord’s we know we are vilified in most of the media with rent strikes and evictions moratorium’s covering the headlines! The reality is our costs keep coming and there is no one covering the debit and expe...
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I just graduated flight school and I have a school loan because of it. The payments for the loan are deferred for 2 years, but still accrue interest (interest rate is 7.2% and balance is ~$60k). I intend to buy my fir...
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I'm curious to know which sponsors have been paying out distributions during this pandemic. If you’re a limited partner and your sponsor has not been paying distributions, what are your thoughts? If you are a limited ...
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Hi Everybody My question is when analyzing a property should I consider income tax in my analysis or should I assume that the deductions will reduce my taxable income to where its pretty much evens out and not worry a...