Roy Gutierrez
A lot of Expenses and Still paying Taxes
Hi guys,I just got my taxes done by my accountant and it turns out that I have to pay over 3K for 2014 (yes I was waaayyy behind but finally got my act together and pulled everything into an accounting package). Unfor...
Andrew Luong
Rental Listing Scam / Fraud
Hey Team -Reaching out to you guys here as I have a new and interesting situation arise for a rental home listing in Sacramento. At a high level, I had recently advertised my listing on a Zillow and a few sites but t...
Jose Torres
Financing Contingency - Agreement of sale
I have a property under contract, I am the seller and for the record I do want out of this contract. I received a conditional loan approval (CLA) from the buyers on 4/4 that still had several conditions that were not ...
Michael Plaks
Lenders v. CPAs war: automobile depreciation
How you write off your auto expenses does matter for taxes. It also does matter for loan underwriting. Notoriously, lenders and CPAs do not understand each others' rules and are often locked in needless conflicts. Fre...
Midge C.
Best Way to Not Renew a Lease with Least Drama?
I have a tenant whose lease I don't want to renew. He's not the worst possible - he pays his rent and doesn't live like a pig. But he is difficult, demanding, demeaning and causes me a lot of stress. This is a very n...
Indrani Peyton
Anyone heard of this funding company?
I am a newbie. I was invited to a zoom with this funding company called "Legacy Leavers", who has a 1st time investor program. This program offers funding up to 400K with a 660 Fico, and at least 27K in yearly W-2 i...
Ian Kinder
LLC or Personal Name
I just bought my first investment property in my name (all cash) in the Detroit Michigan area. Before I file the home transfer affidavit and submit the shorter rental application with the city and setup utilities, sho...
Stephen Kunen
Commercial General Liability Insurance Policy- What to look for
Hi all,I have three investment properties, single families, in Indiana currently in the process of being transferred into 3 separate LLC's by quit claim deed. As a result I need to redo the homeowners insurance in the...
Lindsey Kocher
Beach Rental Property Analysis
First time poster and new to the world of REI! We are looking at purchasing our first investment property in our favorite vacation spot. 4/3 1500 Sq foot beach house for $675k. This is somewhat competitive in this...
David Lutz
Setting up a company to shield REI income
Afternoon all :) Appreciate everyone's help in advance. Would like some advice on how to minimize my tax liability by setting up a company.I own a primary home in CA, and out of state SFRs. Everything is under my ...