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Hello everyone, I have a property that I rent out in the Bronx where I am in the process of evicting a tenantI received an order/judgement from the court for obtaining possession on 8/10/18 (outcome of filing a holdov...
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I own a condo in Tallahassee and the property management company (PM1) for the building, had an ownership split. The other owner created another company, which I will call PM2. The split happen in August 2014, so all ...
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Good day BPCurious as to your opinion on the concept of buying points and whether it makes sense.3 family property Mortgage 600k will be House hacking. I can buy points to reduce interest rate. A .25 reduction equa...
I had intended to sell about $5.3MM of rental property and simply use the profits to may off debt on other notes. However, I'm told my tax basis will be close to $2MM after depreciation recapture.
Does anyone ha...
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I have a friend who has a large amount of capital to invest and wants to partner w/ me on properties instead of investing in CD's . My question is "how do I structure deals with him?" He wants to initially fund a port...
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We’ve got a new approach for home finance: equity sharing.Homebuyers can get a lift from investors in making a down payment on a house.Homeowners can access equity in their home by selling a portion of their equity. T...
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Hi
Could someone help me the following - As a passive investor, how does one claim the depreciation/losses from the investment property? For example - if expenses are more than profits and you have a net loss, could ...
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hello all, this is my first year as an investor and doing my taxes got a bit confusing. I guess I could go to a professional but figured i would ask here first...I got an ODP loan out to purchase the property. I purch...
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I learned a little nugget of information today and thought I'd pass it along. So, as you may know, if you get a high water bill, and repair the reason for that water bill, you can get a hearing with the water departme...
In the past, I used a realtor to get tenants for a two family rental even with them having to pay realtor fee in addition to rent and 1.5 months deposit. This time around, most of the inquiries are from people who re...