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Hi! I just had a, hopefully, quick question regarding my situation and if my assumptions about expenses are correct. I'm currently rehabbing a property I bought and isn't "in service" right now. Not much has been don...
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I just purchased a house that was never completed. The house was framed up, put under roof/ windows, siding, windows but the inside was never finished. The inside is just bare studs (no insulation, plumbing, HVAC, E...
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Hi, Purchased a foreclosed property, ready to rent n 10/15/07
I redid most things...
Here is how I planned on depreciating, but called IRS to ask a question, and they seemed to imply that all of these should be adde...
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I have a paid off home I have lived in since 2011. I recently moved to another residence. I would like to turn the older home into a rental property (if the numbers make sense). It is in an area that is experiencing c...
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I’m sure this has been brought up a thousand times but here we go.My name is Jesse and I’m from San Diego, California. I’m starting out and want to eventually become a landlord. I want to eventually own apartment bui...
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I'm curious if any of you guys have experience in this area? Currently looking at a brick duplex, 2/1 each side priced at 117k. It's turnkey which is a positive but the price seems steep. Can I get 800+ per month in e...
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The wife and I are selling our house. Built in 1970. Aluminum wiring throughout (pigtailed or coalr outlets as disclosed). We had a signed contract with a nice young couple. Home inspector came out. Contract was ...
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Any idea of carry over passive real estate losses can be claimed when you declare full time real estate professional status. We are looking at filing this designation for my wife who handles the bulk of our accoun...
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I have a property that I believe has greater potential to flip or keep as rent. It is currently on auction and would like to participate in it. The property is owned by UMB BANK NATL ASSOCIATION. I am pretty confident...
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There is a parcel of land I've identified to purchase with interest from a national chain wanting to do a single tenant net lease build to suit deal.In preparation for negotiating a lease and executing the build to su...