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I rented out a property in another state. Due to a number of factors, the rental property has generate losses. According to the IRS, there is a limitation as to how much (loss) you can deduct. The Limit is $25K but if...
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Hey all. Newly registered here, thinking about trying my hand at real estate investing. Background - Age 41, Engineering Manager by trade, have my degree, professional license, etc. I currently head up a large desi...
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Is it permissible to flip a homepath property if it is purchased with cash or private lender funds?...I thought the owner-occupant requirement was regardless of how the property was acquired...Much appreciated.
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Hi all, I am thinking of trying the lease-to-rent business model as advertised by Brian Page and I had a tax question. Can you deduce the amount you pay as rent as a business expense? So say I rent the property for $1...
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I'm reviewing a possible deal for a walgreens nnn lease. The cap rate is above 10%, however there is only one year left on the original lease. They have 80 yrs left during their option period, yet they have the right ...
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I've heard and read many thoughts on what landlords may, or already are planning on doing due to the Coronavirus outbreak and subsequent closing down of much of our beloved country.I've heard things such as:1. Waivin...
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I spoke with a tenant and handed them a notice to vacate about 2 months ago for 90 days that would end on May 1st and they would have to vacate so we could do updates to the apartment (and subsequently rent out again ...
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Can anyone recommend a reputable title company tha can do full title searches on properties in NY state at a reasonable price? (Under $500) Thanks for the help.
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Trying to get a deal done with a motivated sell but we have deed issues:Question for legal counsel, Would affidavits from the majority of members removing uncle a manager be enough for the deal to move forward. Back g...
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Some friends would like to set up cameras for properties after they turn off the electricity to the property, and I'm looking into some ultra cheap solutions to do that. (Fortunately, these all have cell coverage.)Cou...