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So say you've been depreciating a property for 10 years. Year 11 rolls around and you completely replace the roof. Does that just increase the remaining depreciable balance (basis) for 17.5 years? Or do you deprec...
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What the chance! The worst wildfire in Gatlinburg, TN in a decade somehow found way to my apartment buildings in downtown (near town center). Luckily all tenants were evacuated by police the night before and no one ...
So I sold my dream car that I waited 55 years to own after two years of ownership. I made a radical decision last weekend and the short term affect of that decision was realized today. So...I bought a convertible Pors...
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As we enter 2H 2023 and head into 2024, I expect mortgage rates will increase and eclipse 8% on average. First, I expect the federal funds rate to rise one more time by 25 bps, to continue to rise before settling in w...
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Hello fellow investors! My husband and I are looking to buy a second property at our next duty station (unknown at this time). We have already used a portion of our VA loan and are either looking to max out the VA loa...
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What does everyone think about this? IMO completely foolish. They should let the market determine rents, not government. https://www.nytimes.com/2019/02/26/us/oregon-rent-control.html#click=https://t.co/UIxK0K98Bx
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Hi Everyone.
I am getting ready to do my first deal. Everything looks/feels good but I would like some advice from those of you that have some experience.
I found this deal through someone that I know that rehabs ...
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My lease states that no alterations to property are to be made without written consent. I just purchased the property 3 weeks ago, and one person has painted their kitchen cabinets as well as the front door(interio...