That old covered back patio area - the wood is pretty rotten.

., Your profits on the flip will be taxed as ordinary income plus subject to 15.3% in SE Tax ( Both employee and Employer halves of Social Security and Medicare).

The landlord shall give the notice either personally or by ordinary mail addressed to the tenant's last-known address and shall state the daily charges for storage.

I just closed on a $6m deal (bunch of patio homes) on Monday.  

As with any short term flip, you will be paying taxes based on your ordinary income tax brackets but having a tax bill, while never easy to swallow, is not the worst thing in the world.

Small back yards nayve deck/patio.  

The larger unit which is a 3000sq ft bar with a 700 sq ft patio that overlooks the river and they currently have a 3 year lease with 2 additional 3 year lease options, I was able to go over that lease and based on the complexity of it I am assuming that the owners of the bar presented that idea to him (seemed a bit to complex for his normal dealings). 

With respect to the dishwasher, you can probably expense the dishwasher in full, but if you have a taxable loss for the year that can't be used to offset your other ordinary income because your other income is too high, or, your net passive loss exceeds the net passive loss amount you are allowed to claim, then consider depreciating the dishwasher over five years. 

Residual Income: The amount of money left-over after you have paid all of your ordinary and necessary debts including the mortgage.

Hey guys, I need help making a quick analysis on a multiplex 12 unit, each unit consist of entry foyer, family room, breakfast nook, patio access, kitchen, laundry closet with washer and dryer, refrigerator, two bedrooms, one full bath, 6 units have new Windows, all have new heating and cooling, Cost of ownership is $4,901/monthly •$3,884 principal•$600 taxes•417 other expenses Listing price $1,000,000/ negotiableIn Madison, Al in a C+ areaQuestion: how would I need to go about making an offer in order to get the best deal possible?