One of the tenants will be leaving one of the units, and I am planning to do some remodeling (thinking about removing the carpet except for the bedrooms, and replace it with laminated wood flooring, as well as some pa...
So I partnered up with another successful agent. I do the door knocking. He follows up and closes the listing. Everything else I am pretty much piggy backing off of him. We are going to do a partnership agreement w...
I am looking for the best all-around landlord software. I will be renting 2 single family homes, and I want a system that can grow with my business. I want a comprehensive package that handles tenant marketing, scre...
Hi everyone,I currently have an AmEx platinum for personal use for which the annual fee is $695. I was thinking of getting one for my property's LLC and then adding myself as an employee with a separate card, cancel ...
I bought a house 2 years ago and have 3 roommates that are helping pay the mortgage. Can I consider this a rental property if it's my primary residence?
If a flipper were to create an LLC as a C-Corp, with the new tax law in place, could rehab cost be written off? If so, how much of it could be written off?
I have two tax questions:1. Last year I earned income from 1099's as well as business income. Is it more advantageous for me tax-wise to apply my deductions to the 1099 or the business income?2. Last year, I made seve...
What is a good ROI for a BRRRR? I know people use CoC which is great but if I am getting 100%of my money back out, how would I calculate a good return? Here is the info on the potential property:Purchase- 50kRehab - 3...
How does one with no money and experience get started in a high demand market like NYC?
Hey all, Have a problem tenant who caused ~$2000 in damages and some unpaid utilities... let her dog soil the carpet and refused to pay water bill last few months. We have her security deposit, but it only covers ~1/3...