Hello,I’m closing on my first duplex that I’ll be house hacking. And was wondering should I open a business account to help keep my rental income separate from my personal?
Hello - this may be a newbie question but from reading the various articles on BP and Investopedia, my understanding is that Net Operating Income (NOI) is defined as operating expenses required to run and maintain the...
I have a middle aged guy with a disabled son (wheelchair) who wants to move in our unit. Rent is 1900 and his gross monthly is 4000. He does have 100k in the bank. Would you consider this remnant? I’m in Melbourne FL ...
Hi everyone, I filled my taxes jointly for the first time.
Tax guy said I can't write off any repairs/upgrades because my wife and I W2 income is over $150,000.
Is this correct?!
Hello,I currently have 6 doors in a retirement trust. Its basically set up like a 401k. I can put a certain amount of income into and buy real estate from it. I cant touch the money and all rent has to go back into...
Hi,I'm a small landlord at the moment, but looking into investing with a place like Fundrise for some passive activities. My real question is if Fundrise passes on depreciation through to the investors or how any of ...
As an agent here in Western North Carolina I have been posed the question by a client whether or not it is better to have a separate bank account per investment property or to have all the income flow into one account...
I am very interest and eager to start in real investing. I just started to read some books, because i like to read, and maybe i will learn something valuable. I have seen many articles, saying to start in one thi...
I recently converted my primary residence into a SFR and completed a cash out refi. I plan to invest some of the money in a business doing flips and remodels with a partner. Are there any strategies to avoid my profit...
We are having a duplex to rent received an application group.
I would like to know if we should accept this application group.
Husband: credit score 650, income $5000/MO,
Wife: credit score 600, income $3800/MO,
...