Andrew Sawczyn
Reduction in basis of a rental property by depreciation allowed.
I've had several homes (all initially built or purchased as personal residences) and calculating depreciation always seemed straightforward to me, but I am stumped at the following paragraph :From IRS publication 946 ...
Francis Maduka
Loan Documentation Specialist referral.
Hello everyone,
I'm in the process of securing a loan, and I've received some loan documentation from the lender. As someone who values precision and organization, I want to ensure that I'm preparing these documents ...
Blake Corbin
New Baby, New Goals, New Health Insurance Issues
Hi guys, My wife and I are looking for some guidance in making the jump from a full time job to going full time real estate. We are currently receiving benefits through her job at the state. Any suggestions on decentl...
Casey LaValle
Property Management Indemnification
Hi All,
I am really hoping to see if anyone else has faced a similar situation and may be able to provide some guidance.
I had a tenant that broke through a second story wooden deck railing at 2 am and fell to the ...
Sekyu Kim
Financing a second property as a owner-occupant, Phoenix AZ
Hi all,
I am looking for some input and guidance.
About 2.5 years ago, I purchased a home (3bd 2bth) near downtown Phoenix and have been house hacking a guesthouse as a short term rental with good success. Recently...
Julie Martynyuk
Looking for Real Estate Attorney recommendations in California
I am looking for a real estate attorney and possibly a CPA in California. If they are in the Bay Area, that's even better, but I'd at least like to find someone familiar with California laws (since there's a lot of th...
Claudia Del Leola
Move in Fee Amount (Chicago)
Just wanted to get some feedback back on the amount to charge for a move in fee. Most of the guidance I've found says it should be less than half of rent. I havr a listing for a 3br/2.5 bath townhouse in Chicago (Loga...
Rafael Perez
Working with a successful investor
Good afternoon everyone and Happy Holidays! This may come across as an unusual post but I've come to a tough point in my path to becoming a real estate investor and would greatly appreciate some help/guidance. I come ...
Chris C.
Vacant Land Loan to Pay off Seller Financed Building Note
2 years ago my partner and I acquired a 9,000 sqft, two story building, zone for industrial, commercial and residential use. The building is currently vacant and has been for 5 years. We owe about $230K on the note....
Andrew Kala
Need some help- new investor
hey guys, I am new to this forum and needed some advice. My goal is to purchase wholesale properties/find motivated/distressed sellers and either buy and hold or flip, or both.I am trying to compile a mailing and call...