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My parents gave me a rental home. My name is on the home now so I can manage the property. The tenants my parents found has been on a month to month contract for 4 years no ow after their 1 year contract ended. They h...
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I did something new this year. I had a prospective tenant offer to lease a rental house I own if I would buy out their current lease. The cost of the buy out was very close to one month's rent on my rental, so it wa...
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Hello,
I currently have a property management business (LLC) in the state of Maryland and a partner in the state of Virginia. Is it possible to hold my MD real estate license with a broker in the state of Virginia b...
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I'm considering getting into the multi-family realm and don't want to learn along the way. I'd be looking to purchase one that is in good shape and has high occupancy so it's cash flowing from day one.
Betwee...
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I have a question about the best way to hire my son to maximize tax savings.
I am retired and have an S Corp from back when I used to be a travel agent. Now my only income is from rental properties (not under the S C...
Hi Everyone! I am currently in the northern VA area about to put my first rental property on the market. I am searching for some guidance from more experienced people who have gone through this process already.
Here...
Hi All, I have a question regarding determining potential Property value based on CAP Rate. I’m analyzing a property in Southern California that is a 60 unit apartment complex. It’s currently 100% occupied and shows a...
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I am buying an investment property all cash with a parter and want to purchase in the LLC name we have set up. In the PA, how do we sign? With the LLC name written and our signature above? Any help would be much ap...
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So I am pushing on and hopefully will purchase my first rental property in the next few months. My questions is around the tax implications. For arguments sake, if I net $800/month in rent, how do I claim that $ on ...
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Hello community, love all the topic and discussions. My story below and pls don't hesitate to advice, comment, share and critique. TIABought an HOA condo in Lakeview in 2005 for $160K with the LT plan to leave it as a...