If a renter deposits rent on December 31 to cover rent for January of next year, what year’s taxes will the money land on ?
Hello, i am venturing into the flipping side of realestate and have already submitted offers to buy couple single family homes to rehab. I don't plan on flipping to be a full time job but anticipate doing 2-3 flips a ...
All,i was wondering if anyone could share with me any success stories they have had as truly passive investors? I am in a market where the barrier to entry is just too high so considering diversifying into a few syndi...
So I have a listing agreement that started in December of 2014 - May 16, 2015. The listing expired, and I recently just found out that the property went into escrow the end of April, and will be closing next week. Fro...
We just purchased our most delinquent NPN yet: 15 years, 9 monthsPaid to date: 01/01/2005Reason: Title defectsThe borrower sold the property in late 2005 to a 3rd party. That 3rd party was able to get another loan on ...
My buddy is considering buying a duplex, living in half, and renting the other half.
Would he be able to deduct all the interest paid on his mortgage, or only half because the other half is a rental?
Thanks in adva...
Hi all - first post here so bear with me, I’ll try to keep it concise. In short, I’m preparing my finances here to put me in a position to purchase an investment property. Due to new COVID-19 developments, it’s my und...
Hi everyone, just bought our first Duplex...each unit has it's own Tax ID. Is this beneficial...why or why not? thanks in advance!!
I own a property that has been paid off but I do have a HELOC on the property in my name. I also have an LLC. How do I go about getting the protection from the LLC while I have the HELOC open?
With the importance of schools in making real estate investing decisions, I try to stay as knowledgeable as possible on the various school districts. I know the Plant HS area is fairly desirable in Tampa, but it soun...