Filing State portion of Tax Return currently. One property had a positive income of $3k. I bought a second property and we did a bunch of rehab to it, so I had a loss of $12k. When I put both of these into the sched...
Hi Folks,We have a summer house( uninsulated) that we rent out 47 days of the summer. We use it about 2 weeks...and from Nov- May it is not usable due to the fact it isn't insulated, or heated.Taxes were a whopping 14...
I have two rental properties.I own a condo that I rent & I rent one side of my Duplex. Please tell me some tax write offs I could leverage.I
Hey all!I purchased a duplex in May of 2015. I lived in one unit and rented out the other unit until Aug of 2018. I plan to sell the property within the next 2 months and should likely met $50k-$70k due to appreciatio...
I'm curious to know if it is possible to use a 1031 Exchange to go from a non-owner occupied multi-family to an owner occupied multi-family. Are there rules prohibiting that?
Does anybody have any experience with the CMHA HCVP Voucher program in Cleveland and if so, can you share any advice on your experience?
I just purchased my first investment as a house hack, with the intent of living there for a year or two, and I am seeking clarification on a few things relating to the accounting side of this. The property is a 3-unit...
A Section 8 tenant in a SFH says she's seen mice activity for several months. The lease states that the tenant is responsible for the cost of pest control. Nevertheless, I put bait and bait stations in and around the ...
Hello all, I have a SDIRA with some cash, 2 paid off properties and a stock portfolio in the SDIRAs name. I was thinking about leveraging those assets as collateral and doing some hard money lending. Is that a thing...
Hi,If I didn't have enough down payment to cover 20% of my mortgage, I obviously had to add mortgage insurance to my total loan. When I'm able to accumulate more savings, other than refinancing my mortgage and costin...