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I invested 50K in a syndicate. They used cost seggregation and put 50K as losses in year 1. This showed up in box2 of K1. My CPA put that as loss in my tax return and carried it over.Next year they sold the property ...
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What formula are you using to make offers on listed properties? The 70% of ARV - Repairs and fee make your offer come in too low and most realtors will not entertain the conversation of a super low ball offer thats co...
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I bought my first investment property under an LLC this year. The house was purchased in October and is still in rehab. I was told that since it’s not “in service” that I won’t be able to deduct my expenses. Could som...
Hello,
I am Zara. I am in MA.
Great to be here.Should I hire a PM company or rent and manage my out of state house myself?Any thoughts?Thanks!
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I'm at work and my renter just texted me that AT&T is at my house and where can he put the dish. My wife and I live upstairs and he just moved in downstairs. He's asking if they can put a dish on OUR balcony or on...
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Hi everyone,
How does everyone handle pets in their rentals. Currently in PA. pet deposits, non refundable pet fees, or pet rent? why or why not? and what are the fees you use for dog, cat, rabbit, ginea pig?
I'm ...
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If a property that is owned under my name is quit claimed to an LLC that I have established do I destroy the protection that I am trying to get by having the property in an LLC?
Reading several books on real estate o...
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Looking to sell my home, but it is very much a home that will sell itself, how can i be the one to sell it insted of wasting money on extra fees of going through a realtor?
I am a new investor and afraid of getting sued. My current tenant is so angry at me and yelled at me. Since she has moved in my property, she has made many complaints regarding plumbing, clogged sinks, leaks, etc. I f...