I am submitting my US tax return for 2011 & I have a house in the UK which I am renting out. As part of my return I need to enter the % of the building is worth versus the land for deprecation purposes.
The person...
Planning to purchase a new home and refinance our current home to convert into a second rental property (basically brrr'ing our current residence) . Timeframe between purchase and refinancing would be pretty quick. Ho...
So I am managing a condo for rent in Orlando remotely. Anyone used Ziprent? They want $1000 for lease up. They use lockboxes and no live agent tours. How good is this? It seems to be cheaper than a manager and plus th...
I was wondering what the tax difference is between selling a home before owning it for one year or after owning it for a year.. Is there a set tax percentage rate for both?
I am curious of property management and their fees. Anywhere from 5%-10% of monthly rent? Lawn or snow maintance is just charged to the owner or is included in the above %. Then come tenant screening time, is there a ...
Hello Everyone!
I have VERY recently started acquiring property through judicial foreclosures, where I am bidding on the second position and acquiring the property subject to a first mortgage/DOT ( and a 6 month red...
I know most of the lenders charge from 20 %- 25% for investment properties (Multifamily). wondering if anyone knows lender or tip to get anything less than that ... i.e 10% - 15%.
Thanks
So my first house is almost paid off, (I currently have 6 years left on a 20 yr mortgage). I have had the same renters in this house for 9 years. I have not really done any other investing in rentals. I had another...
I am a widow with two kids in college and one in high school. My husband just passed away 6 months ago, and I am currently a bible college student. I have two properties worth $800K paid off. Currently on SSI with $35...
I am currently getting ready to send my first direct mail campaign. I intend to send mail to 700 multifamily properties owners. These properties are located in a part of a city that contains 3,000 properties. I was...