Here is our case in a nutshell: We live in MA and have moved out of our last apartment over 30 days ago. Our landlord has yet to return our security deposit. There were two small/med nail holes in the side of the cabi...
Where is the best place to find foreclosures?
Is it typical for a PM to charge the property owner for rent court filing fees? This fee is added to the tenant's late rent due in the court filing, so if they pay, then I would get the money back. However, if it goes...
Okay.. I have a property in Baltimore city that I didn't pay the taxes on and the the tax lien certificate was sold at the last sale for about $5,300. I was about to pay it off and then I saw the person Bid $55,...
Do you apply a rent payment to past due rent before applying it to cyrrent rent?
Hello!I am in the process of doing my taxes and I am currently just using Turbo Tax (not the best, I know, but I have been struggling to find a good CPA). In 2022 I inherited a property with my brother. We sold it bel...
What sort of preferred returns are you paying your investors on multi-family/Commercial real estate deals?
I'm looking for some advice or ideas on some creative financing or experience with similar situations:
Property is currently listed as a 2 unit, but I have learned it has 3 units including the finished basement (zone...
I’ve been struggling to get the right answer in writing off investment property interest. I thought investment property mortgage interest was tax deductible. My tax guy is telling me it is not. Does anyone have any in...
I'm looking for some help with getting started using wave accounting. I only have one rental property. I acquired it 2 weeks ago and repairs are being made now. I will be filing using 1040 section E. I use 2 accou...