Scott Bartlett
Baseboard Heater Depreciation Schedule?
2 April 2014 | 11 replies
Even though individual items of work might be repairs ordinarily, if done as part of an overall rehab project during a short period of time, the IRS will likely view all of the work as depreciable, unless you very carefully document things and use separate contractors, etc.
Mark Guagliardo
Pros and Cons of Dual Agency in Hawaii
6 May 2016 | 0 replies
In Hawaii, what ordinarily happens in a home sale transaction is that a buyer will prepare an offer, with the help of the buyer’s agent.
Luis Prieto
Help with horrible tenants
10 September 2019 | 79 replies
Ordinarily I would say that is a good thing but it means there will be some resentment when they have to move.
Jeff Kehl
Are Vacation Rentals ever cash flow positive?
30 June 2021 | 125 replies
VRs have expenses you wouldn't ordinarily pay on a std rental.
Stefanie Jensen
I want to buy a rental now, my husband wants to wait a see.
26 September 2017 | 183 replies
The problem remains that you do not have the freedom, independence or what ever you want to call it because someone else doesn't want to go along with what you want to do.Now, ordinarily, if you weren't married, you may just say, "Next!"
Scott Weaner
Adding a Drain Pan to an Existing Hot Water Heater?
21 August 2017 | 6 replies
Ordinarily, a problem you have in replacing a water heater is that you want to slide the new water heater into the drain pan, but you need to get it over the edge of the pan and not smash the pan.
CJ S.
Selling former 20+ year residence after conversion to rental
24 February 2017 | 1 reply
If you live in more than one place—for example, you have two homes—the property you use the majority of the time during the year will ordinarily be your principal residence for that year.If you have a second home or vacation home that has substantially appreciated in value since you bought it, you’ll be able to use the exclusion when you sell it if you use that home as your principal home for at least two years before the sale.$500,000 Exclusion for Married CouplesThere are certain additional requirements you must meet to qualify for the $500,000 exclusion.
Bobby Holley
How to Buy a Friend's Home
21 December 2015 | 15 replies
Ordinarily, I prefer to fix and flip but I would be willing to buy and hold with repairs because I know the neighborhood and the quality of the area (schools, etc).
Christopher Ajayi
IRA/LLC or Checkbook IRA
27 May 2021 | 22 replies
In general, it's fantastic because it unlocks funds you wouldn't ordinarily be able to use, and the tax benefits are an additional advantage.
Blake C.
Credit Report Rules
10 March 2014 | 4 replies
Not only would this ordinarily irritate me, but I had a terrible financing experience during the process.