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31 October 2024 | 25 replies
So for us in the bizz it worked great those were high earning years for me so I bought what 3 to 4 million of them and got 1.5 to 2 mil deduction off of my top line income.
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8 November 2024 | 5 replies
How much and what would I do with the gain on sale, and how does that help or hurt my strategy?
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9 November 2024 | 5 replies
I think this would make sense in the long run for the rental property as it will extend the life of everything it touches like the Sink, faucets, showers, water heater, dishwasher, and Clothes washer while also providing clean drinking water in addition to the reverse osmosis drinking water system I already have installed.The main problem with this hardness level is that we get a major deposit buildup on all of these items, which will eventually clog up the faucets for tenants and lead to rusty shower enclosures that take forever to clean.In addition to this, it looks like we could likely have the salt added every couple of months by the property managers in addition to that it would allow for a quick inspection from them, and then also we would instead bill the cost of the service onto the ledger for the tenants.For reference, it does not look like the landlords in the area have water softeners.Thank you everyone for your input ahead of time.
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11 November 2024 | 5 replies
I would be less concerned about trying to pick land based on future appreciation & selling.
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10 November 2024 | 1 reply
I don’t allow smoking and my insurance company is cracking down and now requiring me to say no smoking on the premises.
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27 October 2024 | 13 replies
Which would make the LLC disregarded and the property would go on your individual tax return on Schedule E.
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9 November 2024 | 1 reply
Purchase price: $55,000 Cash invested: $60,000 Sale price: $245,000 Property is on the market right now.
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1 November 2024 | 34 replies
We are closing on a property in Akron.
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28 October 2024 | 7 replies
Staying up-to-date on these laws is crucial to avoid costly legal issues and fines.
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8 November 2024 | 3 replies
There were on site auctions where it was held in the auction unit, courthouse step auctions, and public auctions where a large number are sold.