I have purchased tax liens for the first time and are a bit confused about the next steps. Do I need to notify the property owner and other lien holders within a certain period or do I need to wait until the redemptio...
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Hi everyone,House is in Ont. Canada, where you can only collect first and last month's rent when a renter signs lease. You can't collect damage deposits, or pet deposits for renters that have pets. A renter can sign l...
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Hello all, not sure if this is the right forum to post this so feel free to move if needed. I bought a primary residential property in September of 2004. At the time the property was not in a flood zone. After hurrica...
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First timer for tax filing as a landlord.... I know I can deduct the property insurance as an expense, but my question is regarding the credit for the LA Citizens FAIR Plan charge which is on all Louisiana policies. I...
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Whether you’re buying an apartment building, shopping center, or commercial office building, it’s wise to make sure you know what is in your leases. Details can get missed in a seller or broker’s ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Jupiter.
Purchase price: $460,800
Cash invested: $10,000
Duplex property with 3-bed/2bath units. Currently house-hacking t...
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My two partners and I recently formed an S Corporation with the goal of generating cash flow from fix & flips so we can reinvest the profits into long-term rentals. We decided on an S Corp so we could reduce SE ta...
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We are about to sell a house that is a flip/construction project--it's a total rehab and we've added a significant addition to the property, so we will have held it somewhere between 9-11 months and have not lived in ...
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Hi all,I have a duplex investment property for sale that needs some remodeling costs with proceeds going into a 1031 Exchange.I do NOT want to pay all these costs out of pocket as I will NOT receive any cash at sale t...