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I did it! I bought a duplex. I'm living in one unit. I'm renting the other. Now, I want to be proactive about the bookkeeping so that I don't have a nightmare at tax time. Here is what I want to know. I set up three n...
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Hi,I'm interested in buying a rental property in Dallas or the outskirts of DFW. What is the best way to approach this, build to rent communities or buy a property and rent out with property management. I'm new and ha...
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Hi all,So I served my only tenant who has ever been late w non renewal papers . Throughout this year they have been late on multiply occasions and I had to serve them many times to pay or quit. The last two times we s...
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My wife and I want to get into real estate and wondering how we should go about it. Our current residents we still owe about $104,000, we have about $280,000 in equity. The value of the house is around $384,000. My in...
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Hi, I am quite new to real estate investment. I stumbled on some information about short term rental tax benefits as it pertains to lowering W-2 Income. I am trying to figure out if this is really as good as it soun...
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What do you think is the step-by-step breakdown of home buying process?
Ok.. so I am a real estate agent in Oklahoma. I recently ran across a for sale by owner. I called on it initially to see if they would be interested in working with a Realtor®. The owner gave me stern "NO". Sooo.. I k...
Hiim super new just have one investment property that used to be my residence. is turnkey still a thing? Any meat left on bone? Im in phx area so right now there isnt anything reasonable to buy for rental.
Looking t...
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Hello all - Long story but any help would be much appreciated.• I purchased a small 1B/1Ba condominium in a high rise building in 2004 for personal use.• In 2010, I moved out and decided to put in in service as a rent...
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Many people are waiting on the sideline, letting their capital ride where it is. The consequences of this inaction depend on where the money is parked. One of the big factors is inflation.
What is the impact if you l...