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Hi all!
My current full rehab duplex project is owned by an LLC which owns nothing else or has not generated income yet. My question is can I use the expenses incurred on the project as deductions even though there ...
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I think I know most of the answers to the proposed question and do know that it will require the proper steps through a real estate attorney and/or CPA. For my own edification, I wanted to propose the following.Curre...
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- Lower property values- Everyone is mad- Board credibility is shot- Owners stop paying dues- The cycle repeats
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I am currently evaluating a transaction to purchase 14 brick duplexes in a package deal for $1.6 MM. Eight of the 28 total units are 2 BR/1 1/2 BA and the remainder are 3 BR/1 1/2 BA, with rents ranging from $650 - $8...
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Looking at a small (10,000sf) facility in tertiary market (pop 12,000). Current owner (lives about 45 mins from facility) really doesn't care much about the property and the reason he is selling is "he doesn't have t...
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Last year, I rented to a woman. Her daughter is studying at a college locally and lives on campus except for summer. She and her daughter are wonderful tenants. The woman's new lease is coming up for another year. For...
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Hey BP,Quick question about security cameras. I plan to install few on a downtown Charleston, SC duplex I own. Is there anything I need to consider before doing so? Are there tenant rights that by doing so would other...
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The housing market is experiencing a boom not seen since 2006. However, natural disasters like wildfires and floods are also wreaking havoc on more and more American communities. Here's how the U.S. can tackle buildin...
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So I have a friend that rents out to tennants, I believe that the property isn't up to standards and he could probably get in trouble if he was inspected. So what does a property need to be legally rentable? And does ...