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Hi Guys, quick question. So I'm looking to sell a condo I've only had for about 10 months. Going to use some numbers for examples with my questions at the end100k purchase price 20% down 80k equity in itclosing costs...
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I'm looking for a realtor who is willing to work with me whole selling properties in the Detroit, MI area. Need someone who is willing to schedule showings for the properties I find for a whole day at a time.
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My schedule opened up and I am looking for a conference ticket. Message me to sell your ticket.
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I have read sources/watched videos, etc. regarding reporting rental income on your Schedule C vs. Schedule E. Each source comments on why one may be better or the other. Frankly, it seems like depending upon the sou...
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So I bought this property 6 years ago and had only one tenant. They were great, paid their rent, late fees when applicable. They gave me their 30 day notice last month. When I scheduled a walk through inspection, they...
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Selling 2005 townhome with original water heater. It works, however it percolates. Had three separate plumbers come look at it and all have said it needs nothing and do not recommend replacement. Buyer sent their own ...
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Is a depreciating buy and hold cash flow property a problem for your profits??
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I called my tax advisor to ask how to use my business credit card. She is my wife's aunt and is not a CPA, but has being preparing taxes for the whole family for years and for other people, including some LLCs. I was...
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I am considering selling my sfh rental. Currently I am getting a 17% cash on cash return on my $35k investment. $500/ month net rent after expenses. A great deal, but there is 100k equity wrapped up in the property th...
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I have a question about two condos that I used to live in, but then turned them into rentals.
The numbers I am using are not exact. I am using them to get an idea on how others determine cost basis.
Condo 1:
I pur...