The past two years have been a bit of a struggle for commercial and multi-family property owners when it comes to vacancies, late payments and new regulations. One of the main strategies that I implemented in my own r...
I put $50,000 down on a property that I am buying through the owner. The closing is in January. How can I deduct this on my taxes?
Good afternoon folks!
To get this going again, I'm wondering if anyone knows if only Fannie and Freddie are allowing investors to transfer title into LLCs that the lien holder's control, or if it is across the board...
We just received paperwork to be able to sell my dads home. Dad is deceased. My brother was living there but 3 years ago he accepted money to allow another guy to live there. We now wish to sell it, the guy has no lea...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $289,000
Cash invested: $57,800
Sale price: $390,000
This was one of two duplexes that shared a courtyar...
I have a tenant eviction tomorrow in NJ. Does anyone have a thought on either moving their stuff to storage versus leaving in the house for them to remove? My understanding is they have 30 days to remove before it’s c...
I was reading through the self-employed tenant thread and did a little research. In doing so, I discovered that California landlords cannot refuse to rent to someone who intends to run a licensed day care out of thei...
Greetings! I currently have one duplex and am saving for the next rental. Long term I am focused on getting passive cashflow. I like multifamily rentals, and am debating between saving the 25% down abo 15-20k for ...
I recently found a HUD home withing my price range, unfortunately that home had a higher bid which was accepted. I dont remember if this was still within the exclusive owner occupant period or not. But, now a week lat...
I have a question regarding Canadian rental property for US taxes. As you know the foreign rental property is subject to a 40-year linear depreciation in US. Taking depreciation allows me to reduce my taxable rental i...