Roohil Hamid
Help with a leaning porch/deck
15 October 2024 | 2 replies
The contractors I've hired have not been reliable.
Melanie Baldridge
IRS Form 3115
16 October 2024 | 1 reply
What a lot of people think:Bonus depreciation is only for new properties or acquisitions.The truth:You can retroactively apply bonus depreciation to property placed in service after September 27, 2017, when the Tax Cuts and Jobs Act passed changing various rules.The IRS allows you to claim missed depreciation deductions by adjusting your current year's tax return, without needing to amend the previous year's returns.This is typically done through a change in accounting method using IRS Form 3115.
Mary Jay
Neighbors tree fell on my roof
15 October 2024 | 24 replies
Neighbors tree fell on the roof of my rental during the Hurricane (state Florida).I called the city and they gave me the address of the LLC that owns that lot (its an empty lot, probably a builder owns it).I probably could find the phone number as well.Do I call them if I find the phone number and ask them to fix my roof and remove the other trees from the empty lot that they own?
Michael Quarles
The value of the DOT.
21 September 2024 | 2 replies
One thing we do as a human is speak at the pace of those we speak to or are raised by.
Tiffany Dixon
Should I wait the 90 days?
25 September 2024 | 12 replies
Should I list it on the MLS now or wait the 90 days?
Emmanuel Ola
Seeking Advice on a Unique BRRRR Strategy for Multi-Home Development
15 October 2024 | 4 replies
My idea is to refinance after the rehab, use the proceeds to build the second house, and repeat the process until all seven homes are completed.
Ryan Ramsay
Purchasing a rental property
16 October 2024 | 3 replies
Your best investment is in yourself.Consider going to college or learning a trade.Use the funds to invest in something that does not require much time so you can focus on learning.If you do decide to get into real estate, you may want to consider doing a house-hack.It will give you a place to live(potentially saving you a few hundred dollars from paying rent and also giving you training wheels for being a landlord).
Robert Loebl
Is Ogden a cash flow positive market?
15 October 2024 | 1 reply
It showed the upward trajectory in Ogden to be among the most deviated in the country from historic market data.At the time, I thought this to be an interesting and coincidental statistic because Ogden's upward prices were a function of the entire Utah trend and the laws of conformity.
Julio Gonzalez
Benefits of a Cost Segregation Study on Warehouses
15 October 2024 | 0 replies
Some would consider warehouses to be the backbone of today’s supply chain.