Andrew C.
what do you use to track FixedAssets for depreciation/amortization?
9 September 2024 | 12 replies
But when you purchase a property, your basis for deprecation is the cost of the property to YOU (except in the case of a 1031 exchange, the rules are a bit different).
Nolan Connor
Seller disclosure fraud
11 September 2024 | 17 replies
This is an exception under all insurance policies so the next question is even if successful with a claim how confident are you to ever collect from this seller without insurance cooperation?
Jane Dang
New fence replacement on rental property is deductible or depreciation
11 September 2024 | 18 replies
You have a de minimis exception which is set at $2,500, and it can be doubled to $5,000 if you follow certain strict and tedious accounting practices known as AFS.
Joseph Weisenbloom
How do you handle tenant AC costs?
10 September 2024 | 8 replies
Hard to tell from here, but your prices seem very high, although I do understand that "emergency" service during the high heat season will cost dearly...As LL, appliances, including HVAC that you have provided in working order, you need to repair or replace as needed unless local law AND your Rental Agreement state otherwise, obvious misuse/abuse excepted.
Kyle Wegg
Blacktip Construction Group / Jeff Beach / Scam Artist
12 September 2024 | 27 replies
Just like this nonsense and self promoted stuff:“Matthew Seyoum, Investment Strategist at RTR has provided exceptional support throughout my journey from searching for a rental property to closing the deal.
Kristin Boekhoff
Bad Start Letter?
12 September 2024 | 21 replies
Because there's an exception to every rule.Find out WHEN you can legally send a notice of eviction and start sending it on the allowed date.Create your system work within the legal boundaries of the law and you'll be less stressed:)
Yi C.
Let's talk about buying land and lease for solar development
15 September 2024 | 19 replies
Exception happens (for example, a project built miles away from substation) but in general you'd like to maximize the chance to success and best to avoid the risk factors.Land - Generally it should be at lease 20 acres.
Cali Skier
Clean, paying early tenant, got a cat, we found e-cigarettes
10 September 2024 | 12 replies
The only time we make exceptions is if the adult is disabled and incapable of living independently or elderly and being cared for by a relative.
Galant Ant
Advice on Preliminary Title Searches for Foreclosure Auctions
8 September 2024 | 2 replies
really depends on the state.. for instance OHIO is one of the safest the judge wont confirm the sale unless everything except irs is taken care of.. you just need to know if its a first or second.NV is another pretty easy one at least Vegas. where the sales are handle downtown there is a title company right there and they run title on everything that is going and offer a hand out to any bidders just ask for it..
Jennifer Fernéz
Buying a property with bad tenants
10 September 2024 | 12 replies
I just bought a two flat with a similar situation except they have 10 animals .