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Hi all-I was reading one of the blog posts on the Short Term Shop blog about Schedule E vs C, passive vs non-passive. In the blog, they reference, "According to Treasury regulations, vacation rental owners who rent th...
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I have a ten unit apartment building that I've owned for about 7 years... it is a low income property but I've tried my best to maintain it to the best of my ability. I bought the property from an out of town landlo...
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Does anyone already have a list of average prices for common rehab materials? I was going to make one from scratch so I could refer to it for first round quick and dirty deal analysis. I was thinking what a huge, time...
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My husband and I are looking to buy but financially it would make sense to move into something that could also help us pay the mortgage. We however have children. It kinda bothers my husband that we would have tenants...
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I have two rental properties (one of which is currently occupied) and I have home warranty plans with Complete Appliance Protection, Inc. for each of them. My question is, is it necessary to have home warranty plans i...
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Here's the scenario:
I have an elderly in-law who owns a home free and clear. It's an older (1951), 3 bdrm, 1 bath, just over 1000sqft single family detached home in my area (Northern CA).
The problem is, a frien...
Hi everyoneI'm doing some pre analysis on some houses and it seems to me things are a bit expensive especially in terms of materials and labor. I'm in the NJ market so that is to be expected.I'm struggling with analy...
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Hi there! Looking for some advice, so I'll try to provide as much info as possible. My fiancée and I purchased our first home in 2017, and accidentally stumbled into about $125,000 of equity with it. It was a foreclos...
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So I inherited some tenants on a property I closed on earlier this year and had to go through the eviction process. While I was doing my due diligence on this process, I found some difficulty getting details on what t...