Summer Segeleon
My first year with a sale to claim / Tax questions
So, this is my first year to claim a sale of property. I've been reading. If anyone experienced is bored, I'd love to clarify a few things, so here is my info. * Purchased property in Aug 2014, Sold in Feb 2015 (owned...
Account Closed
Insurance payout on repairs count as rental income?
I cant find this exactly on the IRS pages, but I have read on some sites that I may have to claim the insurance payment, as rental income, and then the entire cost of the repairs add to normal repair on schedule E. Is...
Tony Davenport
Help with a business proposal
Hey everyone! I am a very new member and am just getting started. I have an opportunity to get private money lender to fund my flips. Just looking for a few key things I could put in my presentation to be sure I fu...
Samari Robinson
Can you convert any property into a Section 8 rental?
How does one go about turning a regular multi family into a section 8 rental? Is it possible that I can qualify for a FHA loan? Are there extra inspections I have to go about doing? Can I only buy HUD homes? Looking f...
Mo Tapaevalu
First deal question. Is tbis a deal?
Hi everyone!
I'm new to the REI game and I found a property I'd like to wholesale. I'll say I've been going through some discussions about uneducated wholesalers who are cheats and I definitely don't want to be a par...
Victor Herman
Added bedrooms supercharge the cash flow.
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $125,000
Cash invested: $125,000
I found this duplex on the MLS and I was able to make a quick all cash offe...
Dominic Scheck
Setting up seller financing
Hi, everyone. Do you have any recommendations for setting up a seller-financed deal, once we settle on terms?Do you suggest a title company in Minneapolis or St. Paul, MN? If the title company is good, do you need a r...
Valden J Ellis
Who is the Most trusted Austin Texas property management?
Hi everybody, I live in Idaho and have been researching Austin Texas a bit and want to know what property management companies Austin investors like best. Who takes the best care of your property and really knows th...
Account Closed
Security deposit for pet (ESA)
Can we charge tenants Pet security deposit and monthly pet fees if it is Emotional Support Animal (Companion Animal).I did some research I saw that Fair Housing Act does not apply to people that renting out a SFH and ...
Mesbahul Hoda
Need some advice!
I am going to joint venture with a foreign investor on an apartment complex in the U.S. I am a U.S. national and the foreign investor is not. We will have 50/50 profit and loss share. What would be most tax efficie...