Hi,I am new to Rental & Not familiar with taxes.I don't see much value by claiming the depreciation and as shown below, the allowed deductible rental loss is very less.I want to understand the consequences for not...
Hello,
Does anyone know if you are still able to start eviction proceedings in North Carolina? I know there is a moratorium on evictions but are you still able to go to the court house and file? Any help would be ap...
Hello I am in the process of closing on a property with an existing tenant. The tenant has been there 3 yrs, month to month for the last year and is paying a bit below market. The rent that is being paid is $1100 an...
I’m having issues with my newest inherited tenants that have lost jobs., missed two rent payments now and recently I’m hearing about drugs passing in and out of the condo unit, what is the next step I should?
Hi - I invest in small (2-4) multi-families with a friend through a LLC partnership. He is on a work visa so he can only be a passive member and I am the managing member. We both put 50% each of down-payments + closi...
Hello All!
Greetings. I am curious to know the difference between an 'Investor Friendly Agent' and a 'Regular Agent', in terms of:
1. Services
2. Pricing
3. Savings
4. Anything elseAlso how would one know that an...
My brother and his wife do a lot of gig work... movie extras, helping with production and such... she also has a part time job so she works on and off and he drives for uber or picks up other jobs between movies. They...
Hello,planning on purchasing multi family property (2-4) units soon but not sure if I have to keep property management company?! Is that something I can cancel after purchase or i have to keep it? If I don’t keep it ...
I’m a virgin to this RE business. I have been reading about strategies on how to get RE with low to no money. I see the best deals are Foreclosures. Has anyone tried using hard money to fund auction acquired property?...
Anyone know where good, simple leases can be found? Does it have to be state specific? I see a lot of them that are filled with difficult language.