Kalene Smith
Ongoing Rental Expenses
7 July 2020 | 4 replies
I'll let you know how much it will cost; then you can let me know if you want to proceed and I'll send you a lease addendum to e-sign.
Rick Turman
Tax Strategy Guidance For Rentals
11 July 2020 | 4 replies
You can expense property taxes and loan interest on your Schedule E.
Siobhan Brosnan
Help Me Analyze A Mixed Use
9 July 2020 | 3 replies
A quick-and-dirty valuation of 16X earnings (average P-E ratio of U.S. stocks) would put the value at nearly $1MM.
Scott Weston
Buyer Trying to Back Out of Sale After Inspection Response
9 July 2020 | 14 replies
This may be moot if he needs to waive something for the deal to proceed.Where it comes into play (I've seen it before), is if the buyer made some E/M non-refundable prior, then I'd think he's lost that non-refundable if buyer doesn't perform.Again, we're missing the original PSA for terms.
Frederick Tee
Legal Breaking, Entering, and Squatting?
8 July 2020 | 2 replies
If she never met the landlord in person, then she would have e-mail, phone number, text messages and similar evidence.
Nick D'Agostini
E&O Insurance for Mortgage Note Brokers
9 July 2020 | 2 replies
While it is real estate related it’s more of a financial services.I have E and O under debt collection licenses but I do not believe that will cover me if I get sued by someone I sell a note too.
Steven Bates
Site selection for warehouse build
24 July 2020 | 3 replies
We have an existing business in the countertop fabrication business and need more space to get the automated equipment we need (water jet and line polisher).existing facilities are not what we need (10k sqft warehouse, 1500 sqft + show room (separate or together).we want to buy as we own our current two warehouses (2 units 4k space each).strong reinforced foundation (ideally gently sloping to remove water), 20 ft+ ceilings, 2+ loading bays, low HOA (or water and heavy granite/quartz trash removal included).because this is so large and specific and e-commerce has jacked up warehouse prices we are strongly considering building.
Rob Daniels
Newbie (Baltimore) Looking to get into flipping & renting RE!!
11 July 2020 | 6 replies
This is the granddaddy of all motivational, self-help books.The E-myth Revisited by Michael Gerber.
Prashanth Rawla
Property Management Recommendations in and around Charlotte
12 July 2020 | 5 replies
I work with L&E Properties out of Mount Holly.
Dan Ross
LLC or personal account for rental revenue?
10 July 2020 | 3 replies
Just keep good spreadsheets for revenue and expenses for the Schedule E.