In the process of buy a home (1st time) and were doing it through seller financing and we just received the installment agreement papers from the sellers attorney. Do we need to get our own attorney? or how does it wo...
A seller-financed note is an asset. The seller can elect to hold the asset collecting payments, sell the note, or leave to heirs as part of their estate. Many heirs would prefer cash now rather than payments over tim...
I wanted to share a quick story that might help someone else.
Last March, we bought an investment property SFH here in Ft Wayne from an owner that was an Australian citizen.
About 2 months after our purchase, we rec...
What happens to the the accelerated depreciation received from real estate syndication owned by IRA as LP? Is this held back and available for use when funds are eventually pulled out of the IRA?
Happy New Year everyone - hope 2017 was great!We receive payments online via Cozy and I am entering our payments received into Quickbooks to finish the year. We had a few tenants pay online for January of 2018 on Dece...
We are somewhat new to the investment property rental world and have recently acquired a 3rd property that we plan to rent through a Property Management Company. This is not a matter of distrust of the Company, I just...
Hey everyone! My first post here! I'm looking forward to any help anyone can provide.I purchased a rental unit at the end of October of 2020. The unit already had a tenant who was receiving housing assistance. I init...
Hi, I just want to understand if I bought a property (quad) and received rent while I started the capital improvements .. can I deduct the expenses of the rehab still? This was a major rehab over 6 figures. Ty and ha...
Good afternoon everyone,I would like to receive my rents before the end of the month, and require my tenants to deposit those payments directly to a bank account. What is the best way to do this? I have thought of s...
Hey all, long time lurker, first time poster here.I just got an offer in the mail for some vacant land in Imperial County (near Truckhaven/Salton City) that I've held for a few years.. The company is Land Pros 365 and...