Posts Tagged Rent

01.24.2009

I am RENTING out my first investment property.Tips for FIST TIME LANDLORDING?

Im pretty nervous….I have a two bedroom home that I am renting out within 2 weeks…or at least until I find the appropriate renters. I have narrowed the add down to specific requirements to halfway screen calls such as a full deposit of $795 plus that amount for the first months rent, along with [...]

12.17.2008

What is a good formula for splitting profits on a rental property investment?

I am involved in a 3-way investment on a rental property and we are being forced to sell because of a DOT project. Our profit on this property will be approximately $75,000 and we need to figure out how to split this up. Being close family members, we weren’t too concerned about figuring this out [...]

12.16.2008

Tax implications of Investment Property Income to a minor?

My husband and I just bought an investment property that we intend to rent. We purchased the property for a 10 year old minor with the intention of us making the monthly mortgage payments and the child receiving the monthly rental income (approx. 12K annually) to put in a savings account. Will our [...]