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I am getting ready to build a house for myself which will have quite a bit of glass in it, some of it floor to ceiling. I would like to get something that will insulate well in the Texas heat but still have a nice de...
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Hi,
If the yearly depreciation is less than the Income minus all other expenses, do we need to start paying taxes on the left over income?
example :
Net Income : Rent - (mortgage+insurance+tax+expenses) = $7,500 ...
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I am 20 years old and live in Minnesota, I recently got a new job that requires an hour commute so I decided to turn to podcasts instead of listening to the same songs over and over. When I stumbled upon the Bigger Po...
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Hey all, my wife and I have been looking to get into a multi family and house hack closer to work. I don’t know if its because we live in an EXPENSIVE area or because we’re trying to FHA a multi so the monthly debt se...
Hello, just got my first property residential property under contract a couple days ago. Still needs to be inspected and check out, but I just wanted to get the advice of the group on a few things. 3/2.5 with a detach...
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Hey everyone, I have a checking account I use to manage my rentals and other business expenses. I have positive cashflow on all my rentals so my balance in this checking account is accumulating but earning zero intere...
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Hi all - I know this topic has been hit on a few times but I wanted to ask my question in a very specific manner to get collective expert feedback. I understand I should consult my CPA, and I will. They are, however...
As a California home loans professional, I do the best possible job for my clients. I've had many of my past borrowers as well as prospects call me, and ask my opinion of REO property. I've been suggesting to them t...
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So I have been doing looking on Zillow, auction websites, and other online resources to try to find foreclosures and deals and I’m not having very good luck. This is a very open ended question but I want to know how y...
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Hi,Situation is a property that I own outright, had roof damage and received an insurance settlement. Because of the circumstances, sold the property, the settlement will not be used to repair the property. Some of t...