Recently I had a woman apply to one of our vacant rentals who is a Canadian citizen that's in the process of applying for her visa. Said that the waitlist is pretty long and is looking for a place ASAP. Gave me a stor...
I am a newer investor seeking a tax professional with REI experience.
In case it's relevant, my property is in CT and I live in WV. Not in an LLC currently.
Cost basis will need to be established.
I am looking to...
Hi all,I have a prospective tenant who doesn't quite qualify to rent my property (income is 2.7 times the rent and credit score 575). She has someone willing to cosign, but I have never done this before. My questions:...
Looking to buy first rental in Connecticut. It is myself & 2 partners. We are all tradesman and able to do most of the renovations ourselves. We are looking towards multi family properties. Any advice starting out...
Hello, I'm currently looking at purchasing a property that has two separate buildings, one zoned commercial and one residential. The commercial building looks as if it was used as a music studio and also an apartment....
Hi,Does anyone know if SmartMove uses the combined income of two applicants in meeting the 3:1 requirement? I currently have an Applicant and Co-Applicant. The applicants reports came back with a "decline" recommend...
Hey y’all. I own a rental property appraised slightly over 100k and is completely paid off. (Owned over a year)What lenders you know of that do cash out refinancing for rental properties appraised at this value? I sea...
Can I sell 2 rental SFR then buy just 1 appartment unit which is greater value than 2 SFR ? Is this apply to 1031 exchange for both SFR or only 1 to 1 ? Please advice :idea:
A friend just told me he is getting a divorce, and they have owned their home for less than 2 years. (February 2016 purchase date.)How does divorce affect Capital Gains on this purchase? After one year, it's long term...
Hi All,I purchased my first house hack last May. It's a 3BR house and I rent out the 2 spare bedrooms. I understand for tax purposes that I can only take two-thirds of the expenses related to the house to offset the r...