Hello allPurchased a 8 unit with separate heat and water for each apartment,looking for thoughts and ideas on converting to 1 heat and 1 water supply.
Researching 401 to roth. Is there any way to do without paying an absorbent amount of taxes?
I own a rental property with a mortgage and about 70k in equity. Last year I bought a fixer upper with cash and I fixed it up myself using credit cards to buy supplies. The fixer upper is now worth at least 100k and h...
Hey All,I currently own a 2-unit Multi family and living in one unit. I purchased the house under FHA loan. I purchased it in 2013 for 185k and it was appraised right at 185k. I currently owe 171k in principal. I was ...
I just bought a duplex in land contract with no money down as a buy and hold. Just found out that the conversion was done without any permits. The electrical and hvac were not separated. The previous owner included ut...
I need to understand what happens to the equity (for tax purposes) if I convert a single family home to a rental property. Would this convert at a current tax cost basis? For instance if I purchased a home for 125K ...
What's good BP?!
I'm here today with an idea for my market. I've heard similar things before but never in my market. I'm located in Southwest Michigan. I'm thinking of buying larger 3 be, and converting them into dup...
Hey Aurora community -Does anyone have any experience in converting SFM's to duplexes in central Aurora? (Arapahoe County). Assuming finished basements with conforming bedrooms and a bath, is this possible or are ther...
Hi, in need of a second opinion on my idea. Ive been having trouble in my home (Bergen county NJ) regarding the heat. issues such as the radiators leaking, one tenant having control of boiler so he shuts it off when e...
I came across a 16 unit building in my area. It was previously used as a group home so only one kitchen/common area. I have not seen the units to see if this is a possibility but what would you expect to pay to add a ...