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14 October 2018 | 17 replies
After an emergency fund in the business accounts, we also saved up excess from the rentals so that they could buy the next property. 4.
10 October 2018 | 1 reply
Concrete will wick moisture through it even if a basement is relatively dry.
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12 October 2018 | 5 replies
If a $1mm property is depreciated halfway down to $500k and then exchanged for a $2mm property the basis in the new property should be $1.5mm for the $500k carryover basis and the $1mm excess over the original property.
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13 October 2018 | 3 replies
After that I would compensate them hourly if for some reason there were an excessive amount of things for them to handle during one month.
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20 October 2018 | 5 replies
Hi,As I understand, the inheritance tax that a foreigner has to pay to inherit a property from another foreigner is 40% from the excess in the market value of $60k of the inherited rental property located in the US.To mitigate this low exemption compared to US citizens, I am thinking of establishing a general partnership.
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14 October 2018 | 11 replies
Then sell, buy a duplex and combine any excess proceeds with your other savings to buy a second rental.
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18 October 2018 | 18 replies
I would never paint brick in my area due to all the moisture and humidity, but I think I could even stain the brick a nice grey color for fairly cheap and repaint trim white for some nice contrast.
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15 October 2018 | 0 replies
I’m starting to wonder if that’s excessive
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27 October 2018 | 7 replies
I'm sorry not to get anybody excited, I'm specially talking about Alabama (Jefferson County to be more specific there was a lot of talk about changes in excess bids of Tax Delinquent Properties and they had a lawsuit judgement in 2007 and the county lost $28 million case for excess over bidsJust wanted to know if all s still the same with the Jefferson County Alabama allowing 15% of the value of the property to over bid the taxes owed and receive 12% int. on their entire investment when property is redeemed .Blessings to all,
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16 October 2018 | 0 replies
I noticed there are multiple doors that do not close properly without jamming including the front door which hopefully is not due to foundation shifting, our contractor said its more than likely just a build up of moisture filling up inside and all the wood expanding and warping.