Feb 26, 2018
#118: Questions -- I get questions! Today, I’m tackling four queries about real estate investing that come from the audience. Here are the details:
Sam says:
I work full-time and I’m not handy, so I definitely need a property
manager. I’ve found an amazing property management company, but
they only serve a small, specific neighborhood. Should I buy a
property in this neighborhood so that I can use this fantastic
property management company?
Terri asks:
I’ve heard that if you’re above a certain income level, you’re
unable to carry-over losses from your income property. My
accountant says it doesn’t make sense to buy a rental property if
you can’t carry-over losses. Is this true?
Anonymous asks:
I’d like to buy my first rental property when I’m in graduate
school. I’ll live in one room and rent out the other. What should I
consider?
Noelle says:
We’d like to sell our home, and use the proceeds to pay cash for a
foreclosure in the South. How do we find a foreclosure or short
sale?
We cover these questions in today’s episode. Enjoy!
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Resources Mentioned:
Amazon - nolo every landlord's tax deduction guide
https://www.nar.realtor/rofindrealtor.nsf/pages/fs_sfrspec?OpenDocument