Paul Stewart
STR Life- Remitting and paying Taxes
15 January 2025 | 0 replies
STR Life- Remitting Tax I got a good question for the BP fam.
Neeta Agrawal
Asking for Security deposit after 1.5 yrs
4 January 2025 | 7 replies
On June 7th, we sent an itemized list of deductions via text; he responded on June 8th, disagreeing and threatening legal action.
Jonathan Greene
Why You Need a "Deal Killer" In Your Life as a New Investor
2 January 2025 | 37 replies
But as a new investor, sometimes this advice leads you to only have cheerleaders in your life.
Julio Gonzalez
Asset Classifications for Cost Segregation
7 January 2025 | 6 replies
Non-tangible property includes buildings, land or other inherently permanent structures.I get a lot of questions on which group specific assets belong in, so I put together a list to help.Non-Tangible PropertyBuilding (27.5 or 39 Year Useful Life)Land (Non-Depreciable)Paved Parking Areas (15 Year useful life)Swimming Pools (15 Year useful life)Fences (15 year useful life)Bridges (15 year useful life)Exterior Landscaping (15 year useful life)Docks (15 year useful life)Sidewalks (15 year useful life)Tangible Personal PropertyMillwork or decorative trimCarpetAir Conditioning equipmentShelving, cabinets and display racksAccordion doors and partitionsWall coveringsInterior landscapingNeon or other signsDecorative and business specific activity light fixturesGenerators, machinery and kitchen equipmentWindow treatmentsWhat other questions do you have regarding cost segregation?
Adrian Rae
"Sale Conditions: 1031 Exchange" - What does this mean for buyer?
26 December 2024 | 14 replies
, see that under "sale conditions" it's listed as 1031 Exchange, what affect would that have on me - somebody interested in purchasing their property?
Scott Johnson
Scammed by "Estate Legal"
14 January 2025 | 7 replies
sounds like someone got a nasty gram.. we see this with the syndicators that are called out then threaten the investor who called them out.. or anyone else companing about a service only to have the company either threaten or tell them if you take this down or retract we will give you your money back.. kind of like landlords lying about how great their dead beat tenant is to just get them to move on to the next landlord.
Marc Shin
contractor is threatening to take me to court
13 December 2024 | 20 replies
I usually try to work things out with people, saves a lot of attorney fees and makes for a better life.
Tom Ochieng
Inherited tenants questions
14 January 2025 | 2 replies
One tenant screamed at my husband threatened lawyers the whole 9.
Cesar Avila
Advice on Renovate and Buy vs. Upgrade and Sell
4 January 2025 | 1 reply
•Likely, the new property wouldn’t be cashflow positive due to the market conditions.2.Upgrade to a Bigger Property and Sell•Sell our current home and move into a larger house to better meet our family’s needs.• Use some equity from the sale to make this transition smoother.I’m torn between maintaining our current home as an asset and buying a new smaller house to use as a rental after we move back in versus simplifying and focusing on a single upgraded property Considering factors like market trends, potential equity growth, and quality of life, which path do you think would be most beneficial?
Mel Kirchhoff
STR transitioning into furnished LTR options - Advice needed!
6 January 2025 | 9 replies
It was only purchased about a year ago and is in really good condition and fits the space really well.