A question that I am frequently asked is whether or not passive investors are able to benefit from a cost segregation study. The strategy is more often talked about relative to active investors, however with the right...
I have gotten in to the rental property business over the last three years with 10 college apartment units as part of my inventory and have a property manager do rent ups, collect rent and field calls for those units ...
Hi I’m trying to improve my credit score. One of the ways I’ve tried to do this was by adding my name to my grandmothers American Express account, as one of her privileges she could give cards up to four ppl, so I bec...
Pardon me if this sounds like a beginner's question. I have an investment property with 2 tenants paying off the monthly mortgage (30 year fix @ 4.25%) leaving me with a little less than a 1k a month. I’m debating whe...
I just bought a 4-unit apartment building. Landlord pays for water, tenants pay for power. There are 4 water heaters for the building.I found out that the washing machine is hooked up to one of the tenants water heate...
As a wholesaler..when income tax season comes do I have to file income tax for any of the properties I wholesaled?...
If yes or no..what else am I required to report on income tax?
Thank in advance!
I have a question on what gets taxed when it comes to rental income. Of course there are loads of other factors but I'm looking for general answers for someone living in the US without state income taxes.For example,...
I'm presently working with InvesterPro. They have cookie cutter websites you buy and then fill in your own information. I pay $59 per month and then $9.95 to Hostgator to host.
Is there a cheaper and better...
My husband and I are empty-nesters just beginning our real estate adventure. We have a 3 bed 2.5 bath home that we are planning to move out of to house-hack a multifamily property. What's your best advice on convertin...
Hello, my name is Derek Bowles. I recently graduated from high school and I am very interested in real estate investing. I have been reading the posts here for awhile and have finally decided to join. I also plan to m...