Hello. I will be using Quickbooks Desktop for my 2018 booking keeping on long term rental properties. I am learning how to use it and practicing and am having trouble with a specific scenario.I receive payments via ...
Looking at new construction the numbers work out nicely any thoughts or experiences. TIA 👍🏻
Anyone has any words of wisdom for me during the escrow that the inspection report has some items that I'd like to be corrected prior to closing. Some are safety issues and some are convenience / extension of useful l...
I heard and not sure if I understood correctly that after you have 5 financed mortgages you are no longer able to cashout-refi? I know your allowed to have up to 10 mortgages.
Buying a short sale(friend of mine) that will be about $500k. My broker is telling me that an investment loan is about 9.5% interest. Is that correct?Going to try the conventional route. I own (2) houses. One my prima...
If I were to flip a house, will the earnings be offset at all by the depreciation of other rental properties that I have? So for example, if I have 200K a year in depreciation on properties that are not being flipped...
From my research, it appears that a single individual can write-off $25k in passive losses for non-real estate professionals if their AGI is less than $100k. This benefit is phased out to 0 as income reaches $150k. I ...
Hello,Can anyone offer any advise on turning a split level into a modern colonial? We are looking for add around 1,000 square feet and also modernize the floor plan with a more open modern floor plan.I have attached i...
Hi all - I'm looking to pull a HELOC to finance first property / properties out of state (I'm in Cali). Have about $400k in equity in home and considering starting with $100-200k HELOC to have funds available, and to ...
Quick question...I am selling my investment property FSBO. I need to provide the buyers with a South Carolina purchase & sale agreement in order for them to submit an offer? I have had a few showings with buyers...