Cheryl C.
Charge tenant for repair?
26 January 2012 | 16 replies
I suppose you'd have to draft a contract to exclude yourself from any implied warranties if you finaced the appliance to her.
Jeff S.
Instructions Form 1099-misc
2 February 2012 | 18 replies
It goes on from there to exclude if you are renting your home.Also, the deadline is tomorrow for the recipient of the form to receive it.I'd look into this.
Jeff S.
Moving into rental; tax question
15 February 2012 | 17 replies
You will recapture 75k in depreciation and exclude 25k in gain.You could however instead complete a 1031 exchange on the property and purchase a new property, convert it to a rental for just over a year and then move in for the two years.
Bienes Raices
Would you rent to these people?
10 January 2013 | 20 replies
So I always expect one roommate to not work out and leave the remaining roommates - so I exclude the income of the highest candidate and see if there is enough to qualify with what remains.
Edita D.
cost basis for depreciation: county assessor's or insurance company's?
31 March 2014 | 21 replies
You need a CPA type person to determine what is the acceptable % of your purchase attributable to the improvements (excluding the land) as Mary Joe indicated.
Justin Shaulis
Title Insurance admits they are wrong, but I have some questions on what to expect next
16 January 2013 | 7 replies
Attached you will see the legal description used for your tax parcel identification number this description excludes the southerly 11 feet of Lot 4.
Igor S.
REO property - bank not complying
9 March 2018 | 23 replies
The list agent contact info is right on the MLS listing, so if your agent refused (which they do not have a legal right to do) to send to list agent, you could have done it yourself.Secondly, if the seller was given the report, all the docs excluding them from liability does not eliminate their required legal requirement to disclose what they are aware of and that could no longer play dumb on the mold issue once served with the docs proving it.
Brian Stone
Direct Mail Marketing Help
8 April 2013 | 10 replies
Most of them were just letting me know there was no property to speak of, it was only an empty lot.But I just got a new, updated list from Listsource and have included extra parameters to exclude these types of listings.So far, no deals, but getting there!
Brice Noonan
CF vs 50% vs 2%
4 February 2013 | 9 replies
Keep in mind the 50% rule is for expenses EXCLUDING debt service, therefore the rule would look like this: cash flow = gross rent * .5 - mortgage payment (principle and interest only).So if your gross rent is 1100, then:1100 X .5 = $550 minus $350 mortgage (just tossed in, not a real number) = $200 monthly cash flow.
Karen Margrave
DO YOU SEE A PROFIT TO BE MADE HERE?
4 March 2013 | 5 replies
., based on a selling price of $675,000 - $750,000 what would you think is reasonable for lot costs (excluding permits, fees, etc.) ?