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Results (8,646+)
Phillip Wright How to defer/avoid capital gains taxes on the sale of my family business?
30 May 2023 | 9 replies
This will ultimately determine the type of gain flowing through (ordinary/capital or a mix)
Tina Lee Exteding lease to my tenant but she requested few conditions
30 May 2023 | 15 replies
Your responsibility is to fix everything that is broken through ordinary wear-and-tear so the tenant is getting what they paid for when they first moved in.
Allison Leung Real Estate Investors: What does a day in your life look like?
12 September 2014 | 60 replies
Each week I generally drive around the area to check out the exteriors of the properties to make sure the tenants are cutting their grass and there's nothing out of the ordinary to be concerned with (no signs on the door, etc).In the beginning of the month I head to the banks (I work with 3 of them) and also deposit checks and do bookkeeping.I may take a nap in the middle of the day, watch some "Pawn Stars" (to learn the art of negotiation) or go grocery shopping or other errands.Some weekdays or weekends I will show properties if I'm renting them out.I will also gather lists of properties to view, and go check them out.Periodically I need to take a tenant call and call a contractor to get something repaired.I would say I probably work on average 2-3 hours a day, sometimes more, sometimes less.
Brian Green Massive Value Add - 20 Unit Apartment Building - Completed.
16 October 2020 | 2 replies
Roofs, siding, windows, doors, flooring, appliances, paint, railings, patios, lighting, heating elements, water tanks, bathroom fixtures, kitchen cabinets, and counters.
Spencer Dixon Cost Segregation - After regular long term depreciation?
31 May 2023 | 9 replies
If I did a SOLO401K Roll-over of say 100K that would normally be counted as Ordinary Income Tax (I think).
Ted Harris Should I update original electrical box?
4 November 2009 | 20 replies
100 amps is fine for 1200SF house unless something out of the ordinary is there. spend the money somewhere else
Sarah Jukes Extra $3000/mth, pay down mortgage v SEP IRA v 457 def comp retirement
4 June 2023 | 21 replies
However, for ordinary folks like me who have to plan and work hard to gain FI at a reasonable age, @Joe Villeneuve's system is very effective and definitely makes the most use of the capital we have.Regarding the OP's question (@Sarah Jukes), I think speaking to a tax or financial adviser will really be hit or miss.
Andrew Thomas Vedder Depreciating a vehicle used for real estate
7 June 2023 | 7 replies
We're jumping into technicalities of depreciation too quick.The start of ALL tax deductions is in the phrase "ordinary and necessary." 
Anthony Inlong First Home Purchase through FHA loan
31 July 2022 | 0 replies
We added a Patio, granite to every bathroom, upgraded kitchen, What was the outcome?
Oscar Kramer Can I claim DIY labor on capital improvement towards primary home's cost basis
10 May 2023 | 1 reply
I plan on adding a paved patio to our home, which would count as a capital improvement.