Candy Quirino
Evictions
8 June 2016 | 5 replies
We have seen tenants without electricity do crazy things, like: use candles for light (resulting in burns to kitchen cabinets, candle wax in carpet, and removal of beeping smoke alarms); run an extension cord from a neighbor's patio to a power strip in which they plugged in more extension cords to lamps, the refrigerator and the gas stove (for the digital display).
Atish Shah
Which city in San Francisco bay area should i start
9 September 2017 | 57 replies
Otherwise, you'll be ordinary like all other investor wannabes.
Julio Vasquez
Establishing Partnership for Flips
4 July 2017 | 1 reply
As for tax savings, flipping properties is a not a good tax shelter -- you're likely going to pay ordinary income taxes at your marginal rate, plus self-employment taxes.
Javier Torres
Purchasing first property
12 April 2022 | 1 reply
The items above are more about the area, but in terms of the actual property, I look for a home with a functional floor plan, a patio or backyard, a view if possible, a garage if possible, a good foundation (no cracks/damage), and the ability to make a good rental for the target market you are aiming for.
Bruce Woodruff
AirBnB Revenue Collapse? Near 50% in some areas......?
20 July 2023 | 160 replies
But with the STR you’ll probably have a kitchen, living room, patio or porch, and your own bedroom and bathroom.
Elizabeth Woolf
Depreciation and 1031
23 April 2022 | 6 replies
This enables you to defer the payment of your ordinary income, capital gain, depreciation recapture and/or Medicare Surcharge (“Obamacare”) income tax liabilities.When you completes a 1031 exchange you carry over the basic from the relinquished property to the replacement property.
John Peters
Can I Do This?
27 July 2016 | 9 replies
That could cause a reclassification of that property into inventory and you could be subject to ordinary income tax including self employment and the full depreciation recapture you've carried forward.While you're in the planning stages there are some things you can do with entity structure that could still leave the 1031 available to you.
Shannon Trivett
Please review my Deposit refund letter - Charges due! - PA
19 October 2016 | 17 replies
I need to have the entire home cleaned at a cost of $300 Damages include: pealed wall paper in living room, dog scratcheson rear exterior door, re-seat and adherelarge stone on rear patio, crayon on living room walls, crayon on dining room wall, pealed wall paper on stairs, damaged interior side of middle bedroom door, broken mirror in bathroom, holes in both front bedroom doors, full cleaning including removal of items left behind, cleaning appliances and scrubbingcrayon from the walls.
Haydn Zeis
How I walked away from my first deal with $67,899.45; thanks BP!
8 December 2016 | 95 replies
This helps especially if it's a long term buy and hold because the appreciation would be treated as a long term capital gain rather than ordinary income.
Max Householder
Closed on our first deal!
1 December 2016 | 6 replies
While viewing the occupied units we didn't come across anything out of the ordinary so fingers crossed it'll be a smooth transition.