I have paid over $600 For a house inspection, radon testing, and a pipe scope on a potential home I was going to move into and then fix up and eventually rent out. Am I allowed to write this off on my taxes?
When wholesaling using Land Trust, there are are two forms that you use
1) Trust Agreement
2) Assignment of Beneficial Interest.
At closing when you are assigning the beneficial interest, is there...
I have the opportunity to purchase a small apartment complex. Current ask is $275K.
Total income for the complex is stated at $34,905, total expenses are stated at $17,388.40. I have only been given a basic break...
I am in the process of renting a few of our units out in Seattle and I've been hearing a few stories of potential renters losing their jobs or being on unemployment so not being able to show a proof of real income. In...
Are there deals on Zillow?Or is this a tool better used to simply explore markets to better understand market conditions?For example I know my area very well as I have lived here for the past 20 years and I'm very fam...
Hi, We are looking for good agent in Austin area who can assist us buying a primary residence. We worked with couple of Agents but looks like they are working with multiple clients at the same time can’t focus on what...
Mercy, I need some insight to ensure I'm not crazy...
TLDR:
LTR Tenant dies of COVID 2 months after I close on new primary. My wife and I are interested in moving into the smaller rental and renting out our NEW pr...
So I know that the 1% rule states that your property’s monthly income should be approx 1 percent of the purchase price. However, let’s say I purchase a single family home worth 600k. Wouldn’t it be a little absurd to ...
I am a Junior in college, and because of that, I don't meet the requirements for an FHA loan. I am hoping my parents will cosign for me. A big thing that would hurt my chances of pre-approval is that I am currently u...
I have a property under contract and will be inheriting a tenant that has lived in this house for 10 years, and pays consistently via direct deposit. However the previous owner did not have any written lease agreemen...