If I'm understanding how the new tax laws affect RE investors, I'm surprised there's not more talk about this. It seems that unless you qualify as a "rental property" (currently or actively trying to rent), then no e...
Is the "gross revenue" $708.10 or $541.26 for this booking?Is it what the guest pays? Or what the host receives?And is cleaning fee part of revenue?What is the industry standard for underwriting?
Hi, everybody.I have no idea how to go about this. I'm thinking of buying some cheap property that meets a few specific requirments. I don't really care about the location or even the value. I guess my question is: Ho...
View reportJust started using the rental calculator, this deals numbers seem to be somewhere near a good deal. Just wanted to ask if anyone saw anything im clearly missing or imputing wrong. Any help is appreciated th...
Hello,I expect to have about $10000 losses from rental properties in 2020. Is there any way I can write off the loss using capital gains (from my stock investment) or using W2 income? Or alternatively, how to best uti...
I'm trying to take advantage of the tax credit to buy my first house, I was hoping to buy a duplex-type property so I can use it to leverage later investments. The area I'm in doesn't have many duplexes, but I managed...
The 45L tax credit is an energy efficiency tax credit available to owners, builders and developers of apartment buildings, townhouses, condominiums and single family homes. The units must be more energy efficient than...
I bought a house at a tax sale in March for $49K. Couldn't get rid of the people living in it because of Covid until July 31. They left peacefully with no eviction but boy did they leave a mess behind. It took 3 forty...
What numbers do you need and where can you find them when you are trying to decide if you want to buy a property and then the AVR price?
My first offer just got accepted! So scary and exciting. It’s an REO in Opa Locka Florida. I could use any and all advice. Especially all the mistakes to avoid and making sure I cover all my bases. I’m new with really...