To make a long story short, a tenant of ours for over 3 years decided about three months ago that they no longer wanted to pay rent. After 3 months of no rent being payed and being ignored for over a month, we stopped...
Hello,I am new to real estate investing. During my research, I came across Turn-Key Investing Companies. Specifically HomeUnion, Norada, and Maverick. I am pondering on using one of these vehicles as my very first inv...
A specific strategy could be property type based , something like SAY acquiring apartment complexes in New Mexico small town of between 12 -20 units; or method based like owning STRs in vacation markets. But should a...
I'm just trying to think outside the box here. Please note I have virtually no knowledge regarding mobile home sales. From what I've read Dodd Frank has pretty much put an end to rent to own and lease to own options...
Most software (I use Buildium) comes with standard income/expense accounts. Are there any custom accounts or subcategories you would recommend for write-off purposes or just a general overview of a property at the end...
Hey All,I am working on converting my first househack into a single family rental property. For the first year it is going to be an easy transition in terms of tenants as my current roommates are going to stay and pay...
Hi all,Looking at another possible claim at one of the rental SFRs and though it is basically a continuation of the previous issue, it would be the 2nd claim in about 7-8 months. Needless to say, I'm concerned about ...
Hi all,
Topic isn't new, but I've searched for this specific situation and come up empty. I bought a truck (>6000 GVW) and a rental property in 2020, both of which were placed into service. I do not have an LLC se...
Is it possible to wholesale/flip property tax free in an IRA?
What all can I deduct as business expenses? I closed on my first rental (a duplex) yesterday and want to make sure I maximize all my deductions. Can i deduct internet, cell phone, office supplies, car insurance (if ...