Ehab Shoukry
Quickbooks tax questions
Hi all -I'm quickly getting more comfortable with quickbooks but as I get better I want to continue to learn more. Currently I'm entering my mortgage payments into three accounts: principal, interest, and escrow. I'...
Drew Darlington
Utah tax lien help
Hey everyone I am just researching about tax liens in Utah and need some help from anyone who has done it before. I live in Arizona but Utah is pretty different so I'm not sure what in doing. So I know that you bid on...
Jennie Evangelista
Income but Negative Cash Flow- Beginner
Hello,
For the first time I worked with a CPA who specializes in real estate and was really excited since I was hoping to have more write offs this year however the opposite was true. I've had a rental for a year and...
Dan Stelter
Best real estate investing strategy for introverts?
Hi - So when it comes to business, I've found out I'm a true introvert. I don't like to deal with people any more than I absolutely have to. Some is fine. But, I prefer numbers, research, and analysis to dealing with ...
Beth Clerc
Land Building Approval Question
Hi everyone,Where I live in NY a vacant land parcel needs to have Board of Health Approval (BOHA) in order to build on it. If you wanted to buy a lot that does not have existing BOHA and were able to get as many test...
Kyle Richey
Income vs Net Worth: Can Rental Properties be a Full-Time Income?
Is rental property investing best for long-term wealth building, or is it possible to make a substantial monthly income from it too?
I'd love to hear stories from people that are making $5,000-$10,000+ per month in p...
Brigitte Garrett
IRS classification of Maintenance costs
Hi All,Under the current tax laws is interior painting considered maintenance vs repairs?What about roof maintenance (replacing a few shingles)?I would like to have document references to support classifying these two...
Eric Van Deman
2nd buy & hold - Utilizing private money
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $280,000
Cash invested: $10,000
Sale price: $588,000
2nd Investment property - Utilizing private money on a dif...
Edita D.
Analyzing multi-family: how much to allocate for repairs?
Hey guys! I am playing with the numbers to see if Pittsburgh is a market we want to invest in.When analyzing the property, how much do you allocate for repairs/maintenance costs for older buildings in Pittsburgh?Here'...
Deven Singh
What to look for when purchasing multi family in a high market
When purchasing a multi family in a high priced real estate market what pitfalls should you look for?