This will be the first year that I get any tax benefits for the work I have done on my first rental, and I wanted to understand the very basics/fundamentals to determine how much I might get back. In my profit/loss st...
Hi can someone explain to me how a holding company works. I sat down with my mortgage broker yesterday and she told me after 4 doors i will need to put any more properties i buy into a holding company. I should have a...
Hello all,I have a quick question about the BRRRR strategy. I am planning on buying my first owner occupied duplex in the near future with an FHA 203k loan, allowing me to roll rehab costs into the mortgage. After run...
Hi Everybody My question is when analyzing a property should I consider income tax in my analysis or should I assume that the deductions will reduce my taxable income to where its pretty much evens out and not worry a...
Does anyone know the cheapest way to replace a bathtub? I live in Tallahassee Florida. Unfortunately it's beyond repair by just refinishing. We have a service here called 'Bath Fitters" which is a joke. They put a new...
I would appreciate any comments or experience. My lease states that if someone additional lives in the property for more than 48 hrs, the tenant must get written permission from the landlord. I drive by my rentals s...
I have a duplex here in Clearwater (Oldsmar technically) I am finishing and already have two prospective tenants, neither of which have seen the house but still want it. The property had window units before I bought i...
Hi All,
Currently, we reside in a 4-bedroom, 2.5-bath house located in Santa Cruz County, California. Additionally, we have a 2-bedroom, 1-bath, 800 sqft. Accessory Dwelling Unit (ADU) that we lease to a long-term te...
Hello All,One of my rentals has a broken window, and of course the tenant does not know how it happened. It looks like something was thrown at the window. I was planning on making them pay for the repair, but wanted t...
Hi everyone. My husband and I are under contract for a duplex- our first investment property! 🎉 We plan to house hack, live in one side and rent out the other. One side is currently empty and the other has tenants who...