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27 December 2021 | 4 replies
Yes you get all depreciation write-offs etc as just an individual holder, and note your accountant will likely need to file a Delaware tax return each year for your rental income in Delaware, but this is usually easy and cheap.
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19 November 2021 | 7 replies
With this individual, no verifiable income is a no brainer for me.
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1 November 2021 | 2 replies
Hi Victoria,All of those individuals could hold the solution to your problem but may not necessarily offer budget friendly options as they have their own additional fees for such service.I would suggest speaking with a Carpenter or General Contractor who specializes in Kitchens and Baths as they can assist with the design and execution of the project.As far as some options that you have (without seeing you kitchen) you can refinish the cabinets to update the color, replace the cabinet doors to a modern style, or update the counter top and backsplash.
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1 November 2021 | 1 reply
Wood isn't cheap and neither are contractors right now so your deductible very well be less than your individual share.
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2 November 2021 | 17 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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10 November 2021 | 7 replies
I don't by properties that aren't properly individually metered.
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2 November 2021 | 2 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
4 November 2021 | 4 replies
Can I as a member sign for the grantor granting the home to myself as an individual?
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25 February 2022 | 15 replies
Then I transfer it internally in my bank into the individual building’s checking account.
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4 November 2021 | 5 replies
So what should you look for in an individual, team, or company that intends to take care of your investment property day-to-day?