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Results (10000)
Eric H. Currently closing on my first deal
9 July 2018 | 5 replies

Feel very excited but also a little nervous!

Closing on a Single family home in Dayton Ohio and using a property management company.

Does anyone have any advice that they wish they had for their first deal? Is ther...

Chris Isaacson New build comparison question
21 May 2017 | 11 replies

In your opinion is it better to build in an area that is more expensive to build (i.e. permits, labor, etc.) yet yields a larger profit margin per unit or a market that is less expensive to build with a lower profit m...

Wilson Lee Mobile home park for free?
13 September 2017 | 0 replies

Project:  Mobile Home ParkWith the click-bate title aside, I found a small mobile home park that seems profitable as is.  Also, there is some value add upside.  It seems like we can refinance and get a large chunk of ...

Justin Young What makes a state "landlord friendly"?
2 July 2018 | 4 replies

Aloha BP!I've read this statement a few times but am unsure what it means. So what does a "landlord friendly" state mean? Are there tax advantages or less expenses to pay in those states than others? Would anyone have...

Account Closed Should I move forward with this deal?
11 January 2014 | 10 replies

Purchase price- $22,000
Taxes- $365 annually
Insurance- $250 annually
Repairs- $4,000
Rent- $500-$600 month
Property management- 10% of rent
Planned repair cost- $1,000 a year
Months not rented- $750 a year

Good d...

Matthew Gil QuickBooks and Real Estate Accounting
26 May 2009 | 6 replies

I have a QuickBooks question pertaining to landlording. As a rule, how are you handling or categorizing the following?:

Cash outs from real estate closings in which the buyer has excess funds left over from a purcha...

Mike McCarthy First rental property - When does depreciation start?
19 March 2017 | 3 replies

Bought my first rental in Oct 2016.  Spent a few months renovating, and will be renting starting this month (March 2017).  I wasn't planning on including anything rental related on my 2016 taxes, since there hasn't be...

Shrikant Kakani Does it make sense to purchase older properties?
4 December 2024 | 2 replies

I am looking to invest in properties built in the 1920-1930s and wanted to know if it makes sense to do so?  Just from the cash flow perspective, it is making sense, but I wanted to know how your experience has been? ...

Jessica H. Property Manager Fees & Income Tax
8 October 2018 | 4 replies

Hi everyone,This is my first year owning a rental property. My property manager shows fees like "posting & processing fees", "software", "showing the unit" in his financial statements. How should I handle these fo...

Don Solt Tax Filing Advice for Family Member Living in a House (TurboTax filer)
8 April 2024 | 2 replies

Sorry in advance if this has been asked 100 times. I used the search feature but wasn't successful in solving my problem.My sister-in-law has been living in one of our houses for 2023. She covers the mortgage, that's ...