Does it matter if you leave near or far away from your investment properties?

Wednesday, April 9th, 2008

Slick asked: I live in northern NJ and am looking to buy properties around the country. If I hire a property manager to take care of the problems, does it matter where the properties are in relation to where I am? I keep hearing people say “you should live near your investment”. [...]

I have 2 investment properties in Euclid, Ohio.How do I determine the basis and depreciation for tax purposes.

Wednesday, October 31st, 2007

moor questions asked: I bought first property for $119,000 in September of 2005 and the second property for $127,000 in January of 2006. When I used tax filing software to do my taxes for 2005 and again for 2006,the software indicated that I had zero depreciation for both years.What am I doing [...]

How to purchase more than two investment properties?

Sunday, March 5th, 2006

name asked: My question is how do people have many investment properties say 7-10 $100,000 properties? When you try to get financing for more properties wouldnt you you be so far in debt? I know that you rent out the properties but you cant make that much profit after the mortgage payment. For [...]