There are plenty of ways people get into trouble investing. This is just the "short list" of things to avoid:
1. Don't promise what you can't deliver
2. Always use a Title Report
3. Always close through escrow
4. ...
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I have been doing research to set up a corporation. I think that an S-Corporation would be the best setup, but I see that no more than 25 percent of the gross corporate income may by derived from passive income. I als...
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Looking to start investing in real estate as part of my portfolio to get some reasonably passive cash flow going.A little about me and where I'm at.Been in the tech industry for a number of years in SF, but trying to ...
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I read a lot here about people having passive losses or paper losses once depreciation is factored in. But depreciation for a residential property is only 3.636% each year (27.5 years). I know this is a good problem t...
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I purchased a Gilbert rental property last year now I'm doing my 2021 tax.I have a question for the Arizona property depreciation.Usually we should use the building value, which is (purchase cost - land value) to do d...
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I purchased a duplex. The seller provided a phony lease for $1,071.I come to find out that the tenant was section 8, the real lease that section 8 has is for $867.We have now found out that the seller had a promissor...
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Hello my fellow landlords,
I have a dilemma, I am a District of Columbia landlord who recently secured a new tenant (June 2021), who wants to terminate her lease because she believes the unit has a few issues. Initi...
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Hi My wife and I are small buy and hold investors (we own 1 SFR) based out of DFW and have decided on the Chicago market to add to our portfolio as the SF numbers in DFW no longer pencil out and there is very little s...
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Hey guys - looking for some advice and opinions.I just closed on my very first investment property, a 4-plex apartment building.All units are currently filled. Units A and D are on month-to-month. Unit B's lease is up...
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Hi all, I'm fairly new to the forum and have never formally introduced myself. I'm Ian and I have spent the last six months or so educating myself on REI and reading through the forums. I have started to form my "team...