Archive for the ‘home property rentals’ Category
Friday, January 28th, 2011
Just wondering if anyone had an answer to this? If I bought a mobile home to rent out in a mobile home park, do I have to qualify to live there, such as credit check, etc, if I am just buying it for "rental purposes" only? Do most mobile ...
Posted in home property rentals | No Comments »
Thursday, December 16th, 2010
Can I write off the mortgage interest and the property taxes paid for my second property which is a rental property for tax benifits.
Both the properties are located in california.
I also own an investment property outside california. Can I also write off the interest payment for that property.
Rental property ...
Posted in home property rentals | 2 Comments »
Friday, November 12th, 2010
We live in Virginia but bought a rental property in NC in 2007 hoping to move there at sone point. We have never lived there and has been rented out since the purchase. Now we would like to buy a house in VA to live in. Do we qualify for ...
Posted in home property rentals | 2 Comments »
Thursday, November 4th, 2010
I have 10 acres in Idaho that I live on, but I would like to build a small rental home for some extra income. My property has two wells, two separate power boxes, and two addresses: one for my house and a second for a garage that I own. Can ...
Posted in home property rentals | 2 Comments »
Sunday, October 31st, 2010
I own a home in which I live in full time, I purchased this rental home to strictly rent. In order to purchase the home before property investors, my realtor told me to tell the bank this rental home would be my primary residence, so I did. Will ...
Posted in home property rentals | 9 Comments »
Thursday, October 28th, 2010
I would like to trade my Rental Property with someone else of the same value for purpose of vacationing. Is this possible.
I would like to have someone come vacation at my property and I vacation at theirs (must be approx same value)... Is this possible?
Have a look at your lease ...
Posted in home property rentals | 4 Comments »
Monday, October 25th, 2010
I live in CA. I bought a rental property using my residential equity line of credit. Can I deduct the interest of this equity line of credit as my rental business expense or can I count the interest as the mortgage payment?
Thank you.
I would deduct it from the place that ...
Posted in home property rentals | 4 Comments »
Saturday, October 23rd, 2010
I always receive the monthly receipt for rent received, but should I also be getting a copy of the lease agreement between the realtor and the tenant?
Although the entire point of hiring a property manager is to absolve you of the time-consuming responsibility of dealing with tenants, it is always ...
Posted in home property rentals | 6 Comments »
Thursday, October 21st, 2010
We're in the process of getting a loan for a new home. We have a rental property in another state and have been renting that out for six months. A bank we are working with says that rental income cannot be taken into account and that the amount ...
Posted in home property rentals | 1 Comment »
Monday, October 18th, 2010
I own 2 homes...the one my wife and I live in and another we rent out. We havent had a renter in 2 months and the payments on the second house are getting behind becuase times are tough and we cannot afford 2 mortgages. I'm affraid if I miss any ...
Posted in home property rentals | 5 Comments »