I believe PMI is no longer tax deductible in schedule A, but is it still a tax reducing business expense for rental properties?I found this article on the IRS website but this cannot be true.https://www.irs.gov/faqs/s...
When I turn 18 and go off to college should I focus on getting my real estate licences or buying my first propeity?
Last year we took out a HELOC on our previous home around this same time. We then rented that out and purchased our current home. We used our HELOC to model the basement into a MIL and are renting it out. We wanted to...
Hi everyone,I'm considering buying my first investment property - a condo in Utah in order to use as a short term vacation rental (and also a place where my family and I can go on vacations when not occupied). I thin...
Our guests are 98% family related and good. We got a booking request of few men and the inquiry one joined VRBO in 2015 but 0 review. We called VRBO and this is the answer: people can change emails and get rid of the ...
With the recent passing of medical marijuana in South Dakota I am curious what steps everyone has taken in the Sioux Falls area. Has anyone dealt with it yet at their property’s?
Realizing this is a pretty competitive market. I get notices on homes that hit the market from my realtor and we look and bid and boom...gone. I am hitting 0-50k market...offering cash next day. Any pointers would ...
Hi,What would you say the average percent of rental income will be retained? We will be living outside of the US for at least part of the year, so I am already taking 10% of the top for property management retainment...
Well I couldn't quite decide how I should title this post so I apologize in advance for any confusion. I am graduating high school this year and am looking to get into the real estate investing business as a career in...
Hey guys,
Sorry for my ignorance, but after reading a bit, I still don't understand what a real estate attorney does compared to a "real estate investing-focused" CPA.
Can someone shed some light on the...