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Hello BP community!A close friend of mine is inquiring on SFH rental properties in the FL market. I'm no expert, so figured I'd reach out to a community that is! 😉Some Background:They want to buy a rental in a market...
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When accounting for the disposal of an asset, I'm not sure what to do with the accumulated depreciation and book value of the asset. For example, I replaced the carpet in one of my apartment units. The asset was on th...
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We have a tenant that had a lapse in lease, didn't sign the newly offered lease, so sent him notice to quit after avoiding our communication attempts. Went to court to take next steps, but now he appears to be moving...
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Hi BPers,I am in the process of buying a property with a friend. I would like to get a recommendation of which entity to form. We are a 50/50 partnership for both cash flow, equity gain, decision, .... etc.I am debati...
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I sold a primary residence this year and am not subject to capital gains taxes. Am I able to deduct expenses from selling the home such as realtor admin fees, advertising costs?
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Good morning, BP.I am interested in forming an SLLC here in NJ; however, last time I checked, it appears NJ does not recognize such entities. I'm not even sure if NJ recognizes out-of-state SLLC's, but either way, I'd...
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I am current working with clients looking in these asset classes. Each class has pros and cons. Its been my experience that the property type that can most easily be re-used is best. Think automotive...
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Does anyone recognize this brand faucet / fixture? I have had no luck figuring it out and am hoping someone may know. Please reply if you recognize. Also, any idea where to purchase locally (Raleigh-Durham) would b...
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I always love it when I see listings by people I recognize on BP… but I think this one takes the prize
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Hey everyone,I’m working to analyze deals and get a feel for different pockets of the KC Market. From what I’ve learned from my own analysis and networking it seems that even a good deal, let alone a great one, is tou...