Jason V.
Section 121 gains exclusion reported on what IRS forms if home was rental for 2 yrs??
13 August 2024 | 21 replies
And we're getting into a somewhat heated discussion over what really comes down to the legal meaning of PORTION, which she's apparently unaware of.
Nicholas Mann
Commercial Lease advice (When to use Triple Net?)
10 August 2024 | 8 replies
Commercial space rent in the area for similar properties is $3000-$4000/mo but property taxes annually are $25k+, insurance $6k+ and other expenses such as trash, water, heat & electric, etc.
Jose N.
High maintenance costs.
10 August 2024 | 11 replies
A common serious issue would be no heat in winter time.
O Samuel Adekolujo
[Calc Review] Help me analyze this deal
9 August 2024 | 4 replies
Multiple improvements done on this duplex in 2021, including new roof, gutters, flooring, drywall, electrical, appliances, and heating/cooling unit for the second floor.
Margarita Bozhenkova
Seeking Advice on Challenging Partnership: How to Minimize Losses and Move Forward
11 August 2024 | 8 replies
The roof leaks and has to be repaired by the time the rain comes and there's no heating or AC units.The partner’s focus on finishing the project to perfection rather than timely completion has further delayed progress, and our financial situation has worsened as we struggle to pay the mortgage.Given these circumstances, we’re considering selling the property.
Juan Mendoza
Does a room need to have closet to be considered a bedroom?
11 August 2024 | 31 replies
Traditionally, these would be a door and a window.Minimum ceiling height: At least half of the bedroom ceiling has to be at least 7 feet tall.Minimum window size: The window opening must be a minimum size, usually 5.7 square feet.A heating and cooling element: A heater (space heaters won't qualify) as well as a way to cool it down, whether that's by opening a window or AC.
Frank Patalano
So what's holding you back?
19 August 2024 | 3705 replies
The areas I believe to have good potential have been flushed with over heated sellers market.
O Samuel Adekolujo
Help me analyze this deal
8 August 2024 | 1 reply
Multiple improvements done on this duplex in 2021, including new roof, gutters, flooring, drywall, electrical, appliances, and heating/cooling unit for the second floor.
Sean Wilt
Gravity Heat Systems - Steer Clear?
2 August 2024 | 3 replies
Looking at my first flip and some of the properties I am looking at have "gravity heat" systems.
O Samuel Adekolujo
[Calc Review] Help me analyze this deal
7 August 2024 | 0 replies
Multiple improvements done on this duplex in 2021, including new roof, gutters, flooring, drywall, electrical, appliances, and heating/cooling unit for the second floor.