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Hello!I have a buyer client who is self-employed and has hard time qualifying for a loan. He has enough cashflow in his business, but too many deductions which brings his taxable income to a very low number.He has qui...
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A few properties I have in Indy has [current] quote/policy at $5000 deductible and about 700/year, looking for good insurance agent with experience working with out of state investors.Please contact me
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I’d like to buy a new house this year. I have a w2 for my full time job and my rents I collect reflected on my tax return. I spent a lot on improvements on a rental this year (hvac system, new flooring) that usually I...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $120,000
Cash invested: $36,000
Single family 3/1 rental. Purchased off of MLS on second day of posting. Numerous...
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Hi BPers,When it comes to tax time, were are you accounting for your rental property search expenses? the house hunting expenses? Are you putting them on schedule C since they arent necessarily assigned to any particu...
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Has anyone had experience doing rental arbitrage with Air BNB in the DC metro area? I know there are a couple laws in DC and Arlington limiting it to 90 and 180 days. Would love the opportunity to discuss these types...
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Hey y'all. I've got a few triplexes in Gloucester City NJ, but definitely need to look around for more comprehensive coverage for em. Any local recommendations? I'm basically covering the bare legal minimum, with a hi...
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Hi BP Friends!Can anyone recommend a good bank that you have an LOC with in Canada? We are relatively new investors ( 3 rentals ) and we are open to recommendations!Thanks!Ash
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Hello all!Well, that time of year, and although I've started to slog through TurboTax, nuanced and unclear questions are already propping up about my purchase of an owner-occupied rental. Househacking---YAY! Tax forms...
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Hello,I am currently in the middle of delayed financing (cash out) for the second property I recently purchased, All of the cash out money would go into rehabbing the property. Since the interest rates are low, I am a...