This last November marks one year of being a land lord. What I need help with is what can I write off for my taxes outside of the normal office space write off, portion of the utilities, gas mileage, computer write of...
I was recently told that for a solo 401K distribution , it was required that you sent 20% withholding to the IRS by the 15th of the following month . I am over 59 and a half .This seems odd to me since in a regula...
hey everyone my name is andre smith and im currently working on my marketing strategy, so after about 9 months of showing face in a local real estate club(showing face is not just showing up to the events but really g...
A large portion of our rental portfolio consists of low-income tenants, most of which are participants of some sort of subsidized housing program. We constantly struggle with collections. I would really appreciate any...
Hello All,This is my first post on BP. I listen to the podcast and love it. I am getting into my first deal this coming summer. My father is a partner in a large oral surgery practice. They are looking at opening a 4t...
Within the first week, she brings 3 different men into the house to stay over night. By the 7th day, on a Thursday night, she brings over 6 of her drunk friends at 2 am. They "party" (slamming doors, talking ludly, an...
So here is my situation. I am in contract on a 3 family home for $815k which I will be getting a loan and will be required to put down 25%($204k). Now I have another property(2 family) that was own for about 30 years ...
I consider myself a real estate professional, I put well over 750 hours per year buying, selling, maintaining and managing my own real estate as well as real estate for others.
That being said, does a real estate los...
Looks like my tenants might want to buy one of my properties and I'm trying to determine the best way to set a price. I don't want to ask an agent for comps, cause if my tenants do buy, I won't need them. Maybe apprai...
I have been looking at a property that has a large lot. The lot is narrow and deep. At the very front of the property and all the way to one side there is a 50 yo 3/1 frame house. The house has been been divided (un p...