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I have been managing my own properties, can I pay myself as a property manager? Set up a different business? Pay my wife?
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I've been looking at small 3/2 SFR for short term vacation rentals in Anaheim - specifically for Disneyland. However, I understand they just put a moratorium on issuing short term rental permits in Anaheim. Does anyon...
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Question I will have about 22k left over from my 1031 that I will either receive back and pay 15% taxes on. I owned the previous house for more than 1 year so that's why capital gains tax is that much in Ohio accordi...
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All, I own my primary residence and have just purchased a new property I am going to be renting but paid all cash so I own it outright. As I build my business i most assuredly will be using borrowed funds. should I ...
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It’s winter in MN and my renter contacted me about a non-working stove with smell of gas. I’d tried calling and messaging/ email through cozy next day and several days later to get more details on the problem and stov...
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Real Estate Business is a People Business
It will be very challenging to have enduring success in the real estate business if you do not understand that it is not about spreadsheets. It is about customers.
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Hello All! First and foremost, thank you for your time interacting with this post!
Come 1st Quarter 2021, I plan to buy my first property. The purpose of this investment is to 1. Get a great deal (build instant equi...
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Hello,
I spoke to an investor/wholesaler who purchased a flip property in Texas sept of 2023 and didn’t have the funds at the time to get begin rehabbing. He is looking to borrow $50k with 10% interest. He already h...
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The appliances in a duplex I bought are going to be replaced. Would love to write it off next year as an expense but wondering if that would raise a red flag with Uncle Sam. What do you all do? Capitalize? Or Expense?...
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Hi all,
I am currently listing my home for sale (lived in it for 18 months) with my realtor and plan to net approximately 61K after closing costs etc. I want to take a portion (or all of it), and put 20% down...