Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Renting & Real Estate
Finance Discussion Forum

 When should I tell my landlord about damages to carpet?
It was my birthday yesterday (yay me!) and my girlfriend took off work to surprise me. As soon as I walked in the door, she came out of my bedroom with a beautiful cake singing happy birthday. It was ...


 I am on section 8, my landlord notified me he was selling the house.?
I have been a good tenant for 3 years. He did not give me a written notice. Now he expects me to move by January 6 to bring in the Stagers and appraisers. What are my options?...


 Will the title of a home help my credit or just give me ownership to the house?
...


 Where can you buy a nice house in California for 20,000 dollars or less?
I been looking around and I don't know why, but I been having a difficult time trying to find a house in that price range in the state of California. Why is it tough to find a house, condo or ...


 What was the value of my house in 1991?
rh16 1...


 Would it be illegal?
I broke into a house I own that I had rented to my daughter and son in law. They did not have the $300 for the deposit the electric company wanted as a deposit so I let them get the electric on my ...


 What is the average rental cost for a one bedroom apartment?
...


 How hard is it to sell a house before trying to buy another?
Does anybody sell there old house first then go out and buy another home. Or do they try to do both at the same time....


 What percentage of your income goes towards paying your rent or mortgage?
...


 Is buying land and building a home ok @ this time?
...


 When buying your 1st home, do you need/recommend a down payment?
My fiance and I are having a discussion about buying our first home. I told him we should think about having at least a five percent down payment. He said he doesn't think it's necessary. ...


 My tenants owes me $760 for cleaning and she vacated the house. How do I get the money back?
...


 We have a problem with scorpians in our apartment, and want to move out early, can we get out of the lease?
The complex sprayed the apartment, but i wouldn't let them spary the bedroom because of my pregnant wife, and they're basically saying it's not their problem. She was recently stung ...


 Is there any chance my landlord will agree to put double glazing on my windows?
...


 What can you do if you cannot sell a house you completely redid?
...


 My wife and I have FICO scores above 760 yet our mortgage broker offered us a rate of 7%. Can we do better?
The estimate she gave us was based on a 30 year fixed loan amount of $140,000 with zero down.
Additional Details
Thanks all. I've looked at bankrate.com and myfico.com and I'm ...


 Got a lowball offer on our house. Should we take it off the market and "ride it out"?
We're in the East Bay of the San Francisco Bay Area. We originally listed our home on 4/15 for $675,000--$20,000-$40,000 below our best comps. 2 months later we dropped the price to $649,000. A ...


 Is it a bad idea to buy a house with a friend?
Me and my mate have been looking at getting a joint mortgage and buying a property in the city closer to our jobs. Speaking with my parents though they are trying to put me off buying a house with a ...


 If you are renting an apt. and your brother wants to live with you but wont split the bills in half what would?
you do?...


 When do you think the house prices will go back up ?
we have seen a house that we would like to put a offer in on, if we didnt get this one would it be worth looking for another one straight away because the prices are going up , or should we wait ...



g.milsteintorres
Can a person buy a house as a business and rent it to themselves?
                     
 




Amit
If the house is in a business name then yeah you could probably show rent being paid as business revenue and mortgage payment as business expense. But if the title of the house is in a person's name then it doesn't make sense to because banks will not accept rental income as personal income on a house that you are living in and own for refinance or purchase purposes. So it beats the purpose.


Cheerio
yes, but why would you rent it to yourself when you already own it?


Patricia H
Rating
No
WhY?


Lu Lu ♥
sounds fraudulant to me


markos m
Rating
If the house is bought in the name of the business, then the business can rent the house to any one including yourself.


teran_realtor
Rating
Yes, you can..... but do you really want a landlord that knows THAT MUCH about you?


gwolf3
Rating
If a person buys a house they COULD try to rent it to themselve, but it would just waste money writing checks...you should just buy a house and open the business with no renting needed! If you aren't going to live in this house you can run the business on the floor level and rent out the upstairs. That is perfectly legal!


hawndawg
No, unless they incorporate the business. then they can do it.


iowajessejames
Yes


keypointist
Rating
Yes.


glassnegman
Hello..

Yes, of course....

Many people do this, when they have conditions that improve their tax situation by doing so.

You just assign that asset to the business as a capital investment.

Namaste,

--Tom


Stifler
only a moron will do!!


Mijoecha
Rating
The other way around...yes!


ELAINE C
Rating
sounds pretty shady, be prepared for audits.


rchlbsxy2
yes,


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.014
Copyright (c) 2011 Financial Crisis Monday, May 28, 2012 - Terms of use - Privacy Policy