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Results (10,000+)
Dan Stelmach Capital Gains - Best ways to reduce
11 September 2024 | 10 replies
I bought it off market at a great deal with a conventional mortgage as a primary residence with the plans to rent it after the 12 month period has passed so I can legally rent it.
Jennifer Fernéz Buying a property with bad tenants
10 September 2024 | 12 replies
This way, it’s not a shock, and they’re more likely to stick around.Market Update: Let them know the neighborhood is changing, and so is the rent (to $1,100).
William Pichardo Need Advice: BRRR Strategy for 1st Time Buyer
12 September 2024 | 15 replies
Do BRRRR on steroids, where you act as your own HML and get your 100% money back within a month (not the whole seasoning period).
Joshua Christensen Cash Flowing Condo from Day 1
11 September 2024 | 1 reply
The kitchen has upgraded quartz counters, SS appliances, and they updated the bathroom as well.
Windu C. Finding a rental that would become a home one day
10 September 2024 | 4 replies
Like the previous post said pricing will depend on condition and many Yorba Linda renters expect at least a moderately updated home. 3 bed 2 bath start in the $3,000 and will go up from there depending on location and amenities.
Regina Bailey Advice on Eviction Process in Chicago. IL
12 September 2024 | 9 replies
Make sure to upload an updated ledger, lease, the complaint and affidavit of service.
Aaron Lancaster Water Dripping Down Siding
11 September 2024 | 4 replies
The sides and back are one-story, and I can easily clean those gutters myself during turnovers.I’m also considering that periodic gutter cleanings might be more cost-effective than following the tech's recommendation.Does this quote and the suggested work seem reasonable?
Jane Dang New fence replacement on rental property is deductible or depreciation
11 September 2024 | 18 replies
The IRS considers fence replacements as improvements that extend the life or value of the property, even if it’s replacing an old, damaged fence.The depreciation period for a fence on a rental property is 15 years under the Modified Accelerated Cost Recovery System (MACRS).
Andrew C. what do you use to track FixedAssets for depreciation/amortization?
9 September 2024 | 12 replies
Then I usually update the financials I keep on hand to align with it accordingly.I'm a CPA but I don't even file my own taxes so please take my response with a grain of salt. 
William Coet Does This Make Sense? Syndication Question
11 September 2024 | 9 replies
As an LP I would want to continue being updated on the raise, as I want the property to have full reserves as soon as possible.