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22 May 2021 | 10 replies
When a tenant asks about fixing a gap in the fence, replacing flooring, or whatever, I can point them back to this clause and it cuts them off:MOVE-IN CONDITION.
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22 May 2021 | 3 replies
It might be cheaper to replace the whole vanity.
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4 June 2021 | 5 replies
Opportunity to modernize kitchens in the future.
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24 May 2021 | 6 replies
Sometimes it's possible to include it in a 1031 with the sale if you can replace the note from your exchange account.
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11 January 2022 | 29 replies
You should take each major item (roof, HVAC, exterior paint, etc) estimate replacement cost and lifetime and use that as Capex reserves.
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26 May 2021 | 6 replies
Currently $145k as that most resembles the replacement cost of the property What is your deductible?
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23 May 2021 | 8 replies
A roofs life can often be extended by a few years by replacing a few pieces and sealing up flashings - not much cost
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24 May 2021 | 6 replies
I did a 1031 simultaneous exchange of a 100% interest in a relinquished property into a 50% interest in a replacement property.
27 May 2021 | 16 replies
@Peter MorganYou are eligible to take advantage of section 121 exclusion on the unit that you lived in.You are eligible for 1031 exchange / QOF for the unit that you did not live in.Whether you decide to do 1031 or not depends on the amount of gain and whether you will be able to find a replacement property in time.