Daniel C.
Improvements before or after “in service”?
12 June 2018 | 3 replies
Replacing the vinyl will rarely qualify because I am sure it will be greater than 1) Lesser of 2% of your basis in the property or $10k for a small taxpayer safe harbor. 2) a $2500 to qualify for a de minimis safe harbor, if replacing would qualify, usually not being a structural component of a building.
Laura M.
SDIRA recommendations: want to purchase house quickly
25 June 2018 | 5 replies
Either way it will benefit us greatly to have control of the house and de-junk it.
Patrick Murphy
Exit Strategy for rental properties
20 November 2017 | 25 replies
The three most common products that qualify for 1031 treatment and tax deferral but are absolutely passive in nature are the Tenants In Common (TIC), the NNN lease or ground lease, and the Delaware Statutory Trust.
John S Lewis
Does anyone have rentals in Delaware?
19 November 2017 | 2 replies
Hi BP community - I'm seeking input from landlords and property owners in Dover, Wilmington, and Newark DE.
Carl Mccrory
Complex LLC question
16 November 2017 | 1 reply
I want to form an LLC in Delaware to cover my out of state buy and hold properties in the Midwest (Kansas City, MO).
Sheryl Sitman
Cleanout in Philly - Who Buys Old / Vintage stuff?
20 November 2017 | 4 replies
Possibly, there's a staging company or two in the Delaware valley region that'll purchase it from you.
Justin Y.
Tax Shelter for Real Estate Income
21 November 2017 | 11 replies
@Kendra Mattson look up cost segregated depreciation and de minimis safe harbor election and/or read my blog.
Sean Williams
Black Friday Appliances for Rental - Best Accounting Method??
30 November 2017 | 14 replies
you can use "de minimis safe harbor" to expense most of the appliance.
Kenneth C.
Renters License - When to acquire? (Philadelphia)
29 November 2017 | 10 replies
I do most investing outside the city in delaware county, but i would think there is an inspection they do yearly as a run though to check for smoke detectors and things of the like. ( at least that what they do in Delco ) when they are due, you'll know for sure
Ahmed Gheith
NYC area - New Investor
23 November 2017 | 2 replies
They ultimately own the underlying property indirectly through the investment vehicleA, B, C, D, E form Partnership ABCDE.