
29 June 2022 | 4 replies
or, it could be a combination of all those things....Lastly, the issue with the washer/dryer...if the washer/dryer you had was functional, it seems weird to get rid of it...if this is a luxury unit, then yes--you would probably need new high-end appliances to be competitive...but if it's just a typical C-to-B- grade rental, then an older (but functional) washer/dryer should be fine...do you feel that the PM is mentioning the washer/dryer as an excuse for not getting it re-rented?

30 June 2022 | 9 replies
Hold for one year, get a T12, sell property as a functioning business and then 1031 into a more desirable asset (large multifamily or an airbnb that you, your friends, and your family can personally enjoy at a much higher rate.

4 July 2022 | 3 replies
Personally I do not like the task functionality of the software.

5 July 2022 | 16 replies
Use the search function to narrow down the topics you are most interested in.

8 August 2022 | 12 replies
Or start doing some research and consider outsourcing the bookkeeping function, very cost-effective.

13 July 2022 | 11 replies
--so, you'll want to consider whether your house has any of these types of items...if there's a big storm that dumps a lot of rain, and the sump pump won't function because there's no power, that could cause a flood and major expenses...Personally, I would also be concerned about the competence of a tenant who turns off the power to your property without first asking your permission.

13 July 2022 | 0 replies
Again, it is advisable to try to maximize the assets attributed to this classification as the remainder will be classified as land which is not a depreciable asset.LandEssentially any asset value that could not be classified into one of the three previous asset classifications is allocated to this category.

15 July 2022 | 5 replies
Someone I know rented a condo in a 5-6 level high rise in Richmond VA in the downtown area. On the moving in day, they discovered none of the windows opened and management confirmed that they would be no attempt to h...

19 July 2022 | 31 replies
Regardless of the underlying fundamentals of an asset class, if someone is willing to buy it for more than you paid, then the line moves up.

16 July 2022 | 5 replies
They are specialized retirement savings trusts established per IRC sections 408 and 401.We typically recommend on a W-9 that a classification of "other", with a description of either IRA or 401(k) be used.