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Results (10000)
Jack Connolly Documenting Cash Expenses for Tax Write-Offs
14 October 2021 | 2 replies

If I opened a separate Chase bank account that is strictly for deposits and expenses related to my single investment property, for tax write-off purposes how do I document cash expenditures to a contractor doing repai...

Cynthia DeLuca Accounting help to allocated expenses to each property-
8 May 2019 | 19 replies

I am looking for ideas on how you allocate different expenses between different properties. I am property managing my properties and currently have 31 of them, so I'm not getting a cash flow report from a property man...

Account Closed FHA Loan Or Conventional Bank Loan?
25 June 2015 | 28 replies

Would it be best for my first deal to be though a FHA Loan Or with a Conventional Bank Loan? I know with a FHA Loan I would have to live in the property for a certain amount of time, plus the Down payment is lower 3.5...

Andrew Besecker Joint Account Options/ Financing
7 October 2015 | 1 reply

Me and my partner have recently set up a LLC and we are looking into options for a joint account to combine our money for our future purchases. What would some of you seasoned REIs to suggest which is the best type of...

Account Closed Liability Coverage for a Flip
7 November 2017 | 9 replies

Curious to get opinions on insurance coverage for a flip I am working on. It's a single-family house. Total gut to studs and subfloors. When I closed, I bought a Builder's Risk policy for the maximum amount I could lo...

Account Closed Rent by Room in Jacksonville
1 September 2022 | 11 replies

Hi everyone, I am moving to Jacksonville next month as I got my first job out of college there working at Deutsche Bank. I am hoping to purchase my first property in Jacksonville as a house hack but am struggling to f...

Justin Brickman Texas Housing Report
7 March 2024 | 0 replies

Despite the ongoing decrease in mortgage rates, the real estate market is facing a persistent challenge as housing sales struggle to bounce back. Notably, the average home price has also seen a decline, with hom...

Addison Amorosi First time Investor - Property Management
15 December 2023 | 12 replies

Hi all - Any suggestions on platforms/systems to collect rent, manage finances, and potentially find tenants? The first two criteria are most important.I will be self managing 2 single family homes within 10 minutes o...

Donald M. Handling Security Deposits in Massachusetts (MA)
4 July 2014 | 4 replies

Straight from Massachusetts law:(3) (a) Any security deposit received by such lessor shall be held in a separate, interest-bearing account in a bank, located within the commonwealth under such terms as will place su...

Matt Said Can you 1031 a property from an existing LLC to a new one?
3 December 2020 | 6 replies

Currently have a Wisconsin LLC with 3 MF properties, we are currently selling 1 (but likely all 3) with plans to move the funds to invest in the South.  Our CPA advised that it would be best to create a 2nd/new LLC in...