Krishna Chava
It's summer again: Time for tenant AC issues
10 June 2018 | 5 replies
I reduced my HVAC calls by 95% when I started providing tenants with air filters.Each year, when the lease automatically renews, I send each of my tenants a case containing 12 cheapo air filters from Amazon.
Krishna Chava
Tenants nor reporting minor water leaks
11 June 2018 | 7 replies
This includes operating your heating and air-conditioning system as appropriate to reduce humidity, using appropriate ventilation, limiting evaporation of water, promptly removing any visible mold, and immediately reporting to us any leaks or other water intrusion into your apartment or any visible mold that you cannot remove.
John-David Herlihy
Self-directing a 401k plan... is it possible
19 June 2018 | 5 replies
@John-David HerlihyYour welcome let me know if you need any details on how we reduced liability.
Sean Ratcliff
Re-capture tax from depreciating your rental
16 July 2018 | 21 replies
@Michael PlaksI understand that the amount of gain eligible for the §121 capital gain exclusion is reduced in proportion to the total period of non-qualified use divided by the total period of ownership.The point I am trying to make is that the total ownership period begins on the actual purchase date and ends on the day before the settlement date of the sale.
Clément Gryp
Belgium investor looking for help
1 August 2020 | 2 replies
But here the bank gives better loan to value( up to 90%).There are many other things that are quite Europe or even belgium specific, which i am not fully uncovered yet. like, perfessional investor status can reduce the registration tax from 10% to 4% . buy it as a company can have a better property tax benefit. etc.
Kevin Sobilo
Tax Repository Purchase & Tax Assessment Appeal (PA)
9 July 2018 | 28 replies
When you buy from the tax repository the assessed value is supposed to be reduced to the purchase price.
Jeffrey Scholz
Is it always wrong to buy a newer house at retail?
18 July 2018 | 21 replies
Every dollar I make in rent above the PITI is put towards reducing principle so I have them scheduled to be paid off somewhere between 8 and 11 years after purchase.Without a doubt, these are the best properties in my portfolio.
Carl Graff
Passive Loss Carry Over Reduce IRA distributions
14 July 2018 | 15 replies
Ironically I have visited web sites where licensed CPA's explicitly contradict each other over such a basic question as to weather you can use passive loss carry overs to reduce ordinary income.
Anthony Fontana
Does Renting through a property manager mitigate risk?
25 July 2018 | 5 replies
A good professional property manager will help reduce risk.
Robbie Bletscher
Property seller wants to avoid reportable income
9 January 2020 | 2 replies
Refinance the property, taking into account the equity from the build, and pay the seller in fullThe property owner wants to have the payments spread out over 2 or even 3 calendar years to reduce their reportable income exposure.