From my understanding, NOI is calculated as follows: NOI = Total income - total operating expenses
I am finding some contradicting information regarding what should and should not be included in operating expenses. M...
Hi all, wanted to ask, when a real estate property I'm purchasing... using a realtor in this one... has a binding contract and after the inspection was able to further negotiate the price down, is it better to take th...
Hello BP!For those of you who hold property in a Land Trust, how exactly is income reported and subsequently taxed? If it is a rental property producing rental income, would the Trustee and Beneficiary receive K-1s? ...
hello my name is victor and i am interested in investing around me which is harrisonburg, Stanton wanesboro va. a lot of the homes that i find do not qualify for fha or any other government backed loans. i has hoping ...
I am closing on a house next week. The seller and I agreed they would file a claim on the roof due to hail damage, and I would cover any out of pocket costs like deductibles, overage, etc. I arranged the roofer, the s...
I have some interest income in my IRA LLC under the self-directed IRA. Do I have to issue a 1099-int to my Client as well as the IRS ? Do I just keep the copy for my records?
Hi All,Can anyone shed light on the impact of the latest Tax law changes/reform on rental property owners, if any?Thanks,Piku
I’m a real estate agent and just bought a vacation home, our first investment property.
We plan to use it for ourselves as much as possible and may pull some Airbnb action on occasion.
What are some basics that I s...
If I'm planning on putting in my scope of work the stipulation that if the work isn't finished within the agreed upon timeline, a certain amount will be deducted from the last draw, do I need the scope of work to be r...
Does the 50% rule include mortgage payment?I searched and it says• 50% Rule - Total expenses of an investmentproperty equal 50% of gross rent.¿Does it include the mortgage?