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Results (3119)
Bianca White Looking for best way to pay off mortgage
20 January 2023 | 4 replies

During co-vid, I wasn't able to make any payments, and the mortgage accrued to over $20,000. The smallest payment the bank will take is $17,000. My payoff quote is $67,000.
I don't want to use my entire saving on my ...

Christian Nachtrieb Preferred Return Question
2 October 2018 | 6 replies

Question regarding offering private money investors a preferred return... is this figure based on the net income the property produces after operating expenses? If so, I'm assuming then that you would run through thos...

Michael Nugent What would be the impact of incorporating on my rentals?
4 April 2018 | 3 replies

Hi, new to the forum here and I am looking into incorporating my rentals under a single entity and I am wondering how this would affect passive losses that have accrued over time?  Anyone with personal experience or r...

Wakes Andre Can I use property taxes toward purchasing an investment property
20 November 2018 | 5 replies

Its a time of the year when I need to pay Property Taxes in a few counties. Combine sum for the properties I have is about 8-10 K per year.Is there any way I can postpone paying the taxes and put them toward purchasin...

Jeff Tracy Am I over estimating expenses?
27 May 2015 | 1 reply

I'm about to jump into my first real property and I want to know if I am overestimating expenses.  It's a 3 family for $70K and rents are generating $2100 per month.  The property needs about $20K worth of work.  I ha...

Arthur Schwartz Is the cost of mortgage reinstatement tax deductible?
13 July 2019 | 4 replies

I may be reinstating a mortgage which fell into foreclosure, and using the property as rental real estate. Is the cost of reinstatement, tax deductible, on the basis that it is the cost of acquiring the investment pr...

Duncan Milne HELOC included in Investment basis for ROI and COC?
21 October 2019 | 1 reply

When financing a portion of a down payment using a Home Equity Line of Credit, should the credit portion of the down payment be included in your investment basis for the purposes of calculating COC and ROI?A simple ex...

Bob Flynn note investors: attorneys' fees
27 February 2017 | 3 replies

All you note investors out there, is any one aware of a state that allows attorneys fees or foreclosure costs to be not only added to the outstanding principal the borrower owes but also to accrue interest in their ow...

Adam Frantz Money Management for Tax purposes
15 July 2021 | 2 replies

I have been doing a lot of research lately on accounting. I plan to open a separate set of bank accounts for my investment properties (I currently have none): one checking for operational expenses, one savings for ten...

Mark Carbonaro Holding Tenant Security Deposit in High-Yield Savings Account (NJ)
12 November 2023 | 1 reply

I've got a great tenant and would like their security deposit to earn them as much interest as possible. The problem I'm encountering is most of the high yield (> 4.00%) savings accounts I've looked into don't seem...