Elias Camhi
Managing properties older than 1978? The EPA is requiring Lead certification.
28 October 2024 | 3 replies
If you manage homes built before 1978, there's a key regulation to be aware of: the Environmental Protection Agency (EPA) requires property managers and Landlords Nationwide to be certified in lead-based paint handling.
Sean Conroy
Inherited Property - Strategy Question
1 November 2024 | 9 replies
@Sean ConroyThe cost of building is not going to go down, unless you're looking at the debt component.
Julio Gonzalez
Cost Segregation Study on Small Residential Condo
29 October 2024 | 0 replies
Assets identified in this study include:Bathroom Fixtures: Bathtubs, vanities, showers and toiletsStructural Components: Drywall, wood framing and interior partitionsBuilding systems: water heater, electrical distribution, HVAC, plumbingInterior Construction: Wood flooring, stairs, ceramic tileSmoke detectorsThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.
William Coet
Why Does the Big-Money Invest In Landlord Unfriendly Cities?
30 October 2024 | 35 replies
The sophisticated money is not buying in stagnant markets with poor fundamentals because they can achieve the 1% rule, can complete a BRRRR or because of more favorable landlord tenant laws exist just to highlight what’s rarely part of their acquisition criteria which is a stark contrast to the mindset of most within the BiggerPockets community.Since your focus is specifically on landlord tenant law component I’ll add those who follow the law, properly maintain their property, respond timely to tenant requests, use well drafted and fair leases and don’t unreasonably withhold deposits find themselves in far less tenant controversies.
Kylie A.
What Are You Choosing For Liquidity
29 October 2024 | 21 replies
There are hardship withdrawal provisions and others that can be exercised if you meet the requirements. 3) If you have access to a workplace plan, like a 401k, with a Roth component, you can consider that as well. 4) If you setup your Roth with a Self-Directed IRA custodian, they can allow you to invest in assets like real estate, private lending, private equity and other alternative assets.
Ron Brady
New lead paint dust standards. Any insight?
25 October 2024 | 2 replies
The EPA has published new lead paint standards. https://www.healthday.com/health-news/environmental-health/e...All five of my rentals were built well before the end of the lead paint era.
Marc Shin
best modem and WiFi Router for STR's
28 October 2024 | 13 replies
Hey @Marc Shin, so I am a fan of separate components usually, but in this case an all in one is the better choice.We have Ziply DSL at only 12mb as that is the max for our rural lake house and it has been no issues.
Heidi Kenefick
1031 exchange and depreciation recapture?
28 October 2024 | 34 replies
A 1031 exchanged property can include 1245 components that are considered part of the "real property" for 1031 purposes if they're affixed to the building (and also up to 15% of the value can be personal property under an IRS rule, such as appliances).
Matthew Drouin
The FED Just Hit The Panic Button
28 October 2024 | 15 replies
She's worked fully remote environmental consulting almost 3 years and gets work done.
Jenni Utz
The Importance of Property Management in Real Estate Investing
28 October 2024 | 7 replies
It is probably the most critical component of investing in multifamily.