I'm looking for some expert tax advice on this situation and willing to pay $$ for it. In essence, we've recently received loan proceeds into an S Corp which is a single-asset entity owning a large commercial property...
My newest property has a "damp basement" no obvious leaks or puddles but after the last heavy rain in Dayton the basement was quite damp. my thoughts are fill in cracks DE humidify clean and seal and paint. some black...
I just bought this building last month. My twenty something year old tenant had 2 unapproved cats and her apartment smelled horrible. I sent her a letter to get rid of the cats. She decided to give her notice and move...
Hi all. I'm a relatively new landlord and I need your help.My tenants (a couple) moved into my condo in MA a month and a half ago. They just told me they wanted pest control for bedbugs in the unit because one of them...
I just recently bought my first flip house. All in after closing cost I'm at $75,000. I'll have $20,000 in rehab and the ARV is about $130,000. Based on expressed interest I don't think I'll have any problems getting ...
Can you do a 1031 exchange into a property you are buying through a land contract? I am asking this because (as I understand it so far) you do not actually take title to the property with a land contract until the no...
I sold a house several months ago and now the buyer is getting on my ass about not disclosing that the property had termite damage. I owned the house for less than a year and did not live in it. I could not disclose w...
I've read other threads on BP about mold, but as you know different regions of the country tend to experience mold in different forms and fashions. Here in the south, we have lots of crawl spaces that are very hum...
I own a 3-unit property: a duplex and a carriage house. In the signed leases, I included a pet policy for the carriage house and the upstairs unit in the duplex. The final unit to sign - the lower apartment in the dup...
I have a rental I am interested in selling. This rental was originally my primary residence. I have been renting it for the past 6 years. I have, of course deducted the depreciation from it during that time.... abo...