I am up against my DTI ratio for a traditional mortgage and I have been looking in to the DSCR option and it from what I am seeing it looks like a decent way to continue to scale. Does anyone have insight on what the ...
I love hosting and I am a certified process improver. Do people need Airbnb consultants? What do they want to know? What would make it easier to get started? and what is the hourly rate you have seen people charge ?...
I am planning to sell my rental house and 1031 exchange for several new properties. I was thinking that one or two of those might be vacation rentals. My question is, can I make improvements with the proceeds of the o...
Does anyone know what to make of these new IRS rules that came into effect for 2014? (but I believe are back dated to 2011)It sounds to me like we can start deducting a large number of those repairs we used to have to...
I am in the (good) situation in that one of our rental properties is in a very desirable and improving neighborhood. It is an older house with a very basic interior compared to the recently rehabbed/new construction ...
This is the first year my prior home became a rental and I understand that depreciation is only for the value of the home. I looked up the tax assessment and the total is less than half of what I paid when I bought i...
Good Morning All! Two questions actually.First, is the 'de minimis' limit for an individual landlord $500 or $2,500? I read Amanda Han and Matthew MacFarland's book and understand (or interpret it anyways) that the li...
I'm preparing to file my taxes as a land lord for the first time and looking for some help. I own a duplex and live on the second floor but plan to move out and rent this floor. Can rehab costs for the second floor ...
A cost segregation study should only need to be performed one time for each property and the annual depreciation calculated during the study using the detailed asset listing is relevant for as long as you own the prop...
I am getting a bit confused about what capital improvement costs for my real estate portfolio can be immediately expensed vs need to be added to my basis and depreciated over time. I am further confused by the concep...