Wen Chen
Questions about tax write off's for rental property
I just bought my 1st rental property last year and need some help with what costs to file for tax return.Turbo Tax asking to escrow fees for following categories:Abstract and recording feesLegal fees, title search, do...
Tyler Wicks
New Member from Bothell, WA
Hey there,
My name is Tyler Wicks and I'm a new investor from Bothell, WA (close to Seattle for those of you that don't know). I've only been in real estate since February, but we are about ready to finish up 2 reha...
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another newbie. started in May with one foreclosure
have since bought another and was planning on flipping but but bottom has since dropped out of the buyer market. I'min Seattle area. both houses were bought for about 100,000 less than comp value. Should I lease them...
Lafi S.
New, Experienced Member from NJ
Hey everyone,
I am new to the website and am glad to have found it. This is the perfect opportunity for networking and potential deal making, I look forward to meeting everyone!
...
Liz S.
Tenant Death - Prepaid Rent
My tenant died and has three months of prepaid rent. His family is adversarial and I am wondering if I have to return the prepaid rent upon termination of the lease? The property and lease are in Virginia.
Jaleel Phillips
$1,200 Down House-Hack at the age of 22!
Investment Info:
Single-family residence other investment in Temple Hills.
Purchase price: $210,000
Cash invested: $1,200
House-hacked live in "flip" although I do not plan on selling the property, r...
Lissette Diaz
1st investment home - Family Loan - Seek to ReFinance to Pay Back
Long story short - we received private loan for 107K to purchase our first investment home from my father in law.Looking for options to refinance and pay him back immediately after closing.All the lenders keep telling...
Chelsey Hall
Cash purchase or mortgage?
My husband and I are looking at an purchasing an investment condo for a short term rental for under 100k with about 20k annual revenue. We have the ability to pay cash. Is it wiser to pay cash and have 100% equity to ...
Jordan Mummau
Need Advice: Financing Vacation Home & STR
Rates are low. My wife and I are considering purchasing a second home in the Florida Keys. It appears as though qualifying for a 10% down second residence loan is a pretty common program throughout the mortgage commun...
James Eilerts
Mortgage + seller financed deal
Hello,My partner and I are going to purchase a single-family from a friend. They are willing to seller finance part of the deal. Property is estimated at about 170k value. We are looking to get a mortgage for 100k and...