DAVID GAGE
What are the chances I will ever see my money?
Had a tenant evicted last week and he owes over $1k. We have a court order for him to pay but I was curious if I'd ever see my cash. Hes changed jobs 4 times in 7 months so I see wage garnishment highly unlikely. Will...
Kelly G.
Sell my house . . . or hold and rent . yes another one
so . . I posted a question over on the Buy/Sell forum a few days ago looking for a CA broker to consult for a FSBO. Had a couple local replies (Thanks!!) and . . . now . . one of these lovely people has my head s...
Kyler J Sloan
How to Claim Passive Losses without getting Audited
I have poured my cash into STR construction projects, and so actually have a loss which nearly equals my income.Using the "STR Loophole", this should enable me to deduct these expenses from my W2 income. However, this...
Account Closed
Snowball Payoff 10 SFRs in 7.5 years for $110k cash flow - advice
I'm considering a purchase of 10 SFRs in Wichita. I have a few homes there already, and a fantastic property manager that I respect and trust.I've run some preliminary numbers, and it looks like I might be able to cas...
Shera Gregory
Can I MAKE a participating loan from my SD 401k?
I know that I would have to pay UBIT if I BORROWED to purchase a property in my SD 401k using a participating loan. But is there any restriction regarding UBIT or other aspects if I were to MAKE a participating loan f...
Joy Buell
Making a buisness out of our rental propertys
I am looking for guidance - My husband and I own 3 properties we rent out (all have a morgage) We thought this would be a good investment, but we found out that we make to much money to write any losses off the prope...
Landy St-Jean
Advice on renting my town home
Hello,We will close on my new house a month from now. However, we will like to keep and rent our townhouse. We currently live in Holly Spring, NC area. We were thinking on covering the HOA and pest control to the leas...
Shari Lawson
Has This Happened to You?
I purchased a property in San Antonio, updated it and rented it out. All records stated that the property was 1470sq ft and I was paying property taxes based on a 1470sq ft house. The house was appraised at the time o...
Matthew Gu
Anyone managed to generate cashflow when RTV is less than 1%?
I feel it extremely difficult to have positive cashflow when RTV is lower. I searched through zillow for several promising places like Tulsa OK, Indianapolis IN and Memphis TN, the best RTV I can find is around 0.75% ...
Will King
Property reassessed - should I fight? how?
Hi, all,My rental in Wilmington was just reassessed. I looked at Zillow and all of the recently sold properties in the neighborhood have gone for significantly less than the reassessment. Should I fight it? I feel lik...