Ian Russell
1031 exchange question
15 January 2025 | 3 replies
I won't just write them all here but I highly recommend contacting a qualified 1031 intermediary to walk you through the process.
Jermaine Washington
Tenet has abandoned property without paying rent.
13 January 2025 | 11 replies
Quote from @Theresa Harris: Get it in writing, change the locks, get the place listed and find new tenants.
Amol Kulkarni
Amol Kulkarni - I need a PM
5 January 2025 | 4 replies
Fees should be clearly stated in writing, easy to understand, and justifiable.
Valentin Diaz
Fire Code Compliance
6 January 2025 | 3 replies
Fire marshall should have provided something in writing to you either a list of what needs to be done or reference a code.
Benjamin Carver
Short Term Rental & Mid Term Rental Strategies for Raleigh-Durham NC
13 January 2025 | 12 replies
Quote from @Matt Levine: Hey @Benjamin Carver, thanks for the write up.
Nathan Noorlun
Recommend Property Manager in Sacramento CA
4 January 2025 | 5 replies
Fees should be clearly stated in writing, easy to understand, and justifiable.
Ryan Dubendorfer
tenant request for lease addendum
3 January 2025 | 4 replies
I am considering doing this but should I charge a fee to write up and get the lease addendum signed?
Pravit Jarriyapurttipong
Buffalo New York Mutifamily
14 January 2025 | 4 replies
Buffalo changes very quickly block to block (not just ZIP by ZIP) and it is crucial that you understand this prior to writing any checks.
Matt Williams
sell or hold duplex?
20 January 2025 | 4 replies
This is obviously much better than $1,400 per month.On top of that, you will now get 2x the depreciation write-off so your taxes should go down.On top of that, you will now get 2x the appreciation when real estate price go up.On top of that, your tenants are helping you pay down the loan, initially at about $100/mo for both properties, which gradually gets better and better.On top of that, you now have more units so if one or two goes vacant, you have more renters covering the losses of the vacant units.If you want to keep these properties, I would do a cash-out refi and go buy more rental real estate.
John McKee
Looking back on 2024
3 January 2025 | 7 replies
Now this is an annual thing (for all new properties).For rough math, you can generate a tax write off about 15-20% of the real estate value: one a million you can expect a $150k to 200k write-offs.