Jeffrey Magenes
The more deductions you claim, the less a bank will lend to you?
Would it necessarily be true that the more deductions you claim on your tax return the less a bank will lend to you because of your lower taxable income?
So therefore, isn't this technically a catch 22 situation wher...
Account Closed
Fed Calls it a Housing Bubble - … 1st time since early 2000's
‘Unhinged’ And ‘Abnormal’: Fed Warns Of Housing Bubble As Average Cost Of New Homes Hits Record High
https://www.dailywire.com/news...
The continued rising costs in the housing market have caused the Federal Reserve...
Craig Steltz
Please tell me if this is wise or dumb
I'm considering starting to invest in condos. The location of the condos I'm looking into are here: www riverwatchtower com
There will be little to no positive cash flow starting out. I'm considering units in this l...
Andrew O.
Tenant in place, well below market rent. Options?
Hi all,
I need the brains trust together on this one. I am looking at a rental. The owner who inherited the house awhile back wasn't quite sure what to do, so she leased it at $500 a month, market is $1400-1500 a mo...
Amador Abreu
Potentially dangerous eviction - Seeking Advice
Dear Community,
I recently purchased a house at auction in Tacoma, WA. The property includes a small house with a detached garage, offering significant potential. However, a challenging situation has arisen: the prev...
Annette Hibbler
10 REASONS FORECLOSURES ARE TOXIC
10 REASONS FORECLOSURES ARE TOXICThe following observations are based on my own personal experiences with foreclosures over the last three years. They are my own opinion, thoughts and conclusions and is meant as "foo...
Matthew Ward
Live-In Flip
I just read an article by Brandon Turner about how to start investing at a young age. Loved it! Total motivation booster!
First flip was a live-in flip which is exactly what I want to do for my first inve...
Kyle Hipp
existing tenant want to pay up rent for the year.
Hi all. I had an existing tenant contact me yesterday to say she would like to pay up rent for the year with her tax return. I have owned the property since October of 2014. It is a 6 unit property that I have been br...
Sara Bolliger
Should I give $ back to tenant for delay in fixing ac unit?
My tenant in Kansas City, MO had to wait 2 weeks to have ac blower motor replaced. I went through my home warranty company (2-10) and their vendor didn't send diagnosis to them in timely fashion and home warranty com...
David Chance
Selling my rentals - Tax ramifications
Hi,I plan on getting out of rentals because it is becoming harder to be a landlord in Maryland.I'll be selling them.. but was wondering if it is a bad idea with regard to taxes to sell all of them right away.I underst...