Michael Dunn
Rental Income and how it shows up on your Taxes as Income ??
Rental Income and how it shows up on your Taxes as Income ??Can someone please help me in understanding the way in which the Rental Income received will be " Counted for " on my 2017 taxes .Example:Let's say I receive...
Kelly Williams
Increase in Value
I am about to put an offer for a property in NJ Sayreville 3 bedroom 2,5 bath very specious house. Considering the house is not located on a metropolitan area I am worried that the value of the house won’t go up in t...
Clint Weir
Buy & Hold With No Money Down?
Is it possible to purchase a rental property with no money down? I have been concentrating mostly on looking for properties that I can either wholesale or fix and flip to bring in some cash first, but finding any of t...
Krishna D.
Short Term Rental - Toronto/ Montreal? or Canada?
Hello,I am doing a bit of research on short-term rental to see if it can be a profitable strategy.I am a newbie. Where I am sitting at the moment is I am looking to purchase a property by the end of next year. Taking ...
Hayden Gerstner
Trying to get my first property with practically no background?
Hello, I have been working for over a year at a local real estate firm as an assistant (taking my license exam after the holidays). But I'm straight out of high school. This has been my only real job. And I'm lable...
Tim Wilkinson
sellers attorney asking for more EMD after several days?
There was a goof up with the first EMD check and it was returned by the bank on a purchase. As soon as we recognized it we called and said we would bring a cashiers check to replace it or they could just put it throug...
Robert McEachern
Depreciation Recapture in Seller Financed Transaction
Hello All:I am trying to purchase a 4-plex using seller financing and the Seller's accountant is telling the Seller that they need to receive enough of a down payment to cover the depreciation recapture which is taxab...
Bill H
How many properties in one LLC?
I have been aging an LLC for a few years. I want to start buying property. how many properties can I safely have under the LLC and seperate myself from liability? Should I have the LLC as the holding company of sev...
Ryan Thomas
Should I sell one of my rentals? A risk/reward quandary...
So, here are the specifics...the neighborhood in which I bought my first house has blown up for some reason. Our area in general is probably up 30% from last year, and this neighborhood is probably up closer to 50-60%...
Tim Albright
Tax Planning Strategies/CPA Help
Greetings,
My wife and I are just flirting with the idea of jumping into real estate investing. I am retired and working on career #2. We have three children; two in college, one leaving for college next year. All of...