There are two points in the investment process where you can reduce maintenance costs. The first is when you purchase a property. The second occurs when you renovate it.
Select Low Maintenance Cost Properties
The be...
Hello!TL:DR What income do loan officers look at? Total, Adjusted Gross, or Taxable Income?More in-depth: Should I file as sole-proprietor and reduce my tax liability by reducing my adjusted gross income (pays more SE...
Hello! My mom owns 5 rental properties. She is telling, me since her and my stepdad make over $150,000, she cannot utilize tax write offs until they sell the property. She is claiming that the write offs will be used...
This article:
http://www.googobits.com/articles/1349-taking-a-tax-deduction-for-home-mortgage-interest.html
says near the bottom of page 1 that you have to live in a vacation home 14 days of the year in order to deduc...
So I have bought my first 5 plex. And I would like some inspiration on how to improve cash flow. I will, however, try to make the thread as wide as possible, so that many people might find things that they can use. Th...
Hello. I'm looking for some direction regarding specific real-estate deductions while working inside a solo 401k or self directed IRA LLC and working with a rehab on a buy and hold piece of property. I plan on speaki...
I’m recently married and I’m living in military housing. My wife is in the Army so we do not have to pay for housing expenses. I do security work and make about 31k a year. With getting a new house we did have to buy ...
Newbie here... I'm considering investing in Albuquerque, NM.I found a 4 plex for $190K, the total monthly rent is $2100, annually $25,200The unit is 1 of 5 in a complex, owned by a large investment company. I guess th...
I live in Washington State which is very tenant friendly. I have read and used The Book on Managing Rental Properties as a reference and have always approached the Section 8 question from potential tenants with "inco...
I recently inherited and sold a vacant strip of land for $300k. I do not have any other assets and I do not own a home at this time (I rent). I am hoping to capitalize on a 1031 Exchange and thinking of buying an apar...