Achraf El Churafa
My 1st Acquisition in Cleveland Ohio ! - Property Tax question
Hi All I just acquired my 1st 6 unit building in Cleveland Ohio, I have a property tax question. I acquired the property from an owner who owned it since 97. The market value (in county records) is 120K but the assess...
Ryan Deasy
Help! Condo issues...
I have a friend with a condo in a nice part of central CT. She came to me asking what to do, and I am hoping that some of you can help me, help her. She is very upset that her condo association keeps raising her HOA f...
Neel Patel
Philly Deal - 40 Units - Questions
Hello all,I recently came across a deal that I am actively pursuing in the Francisville neighborhood of Philadelphia. It is a new construction building 40 units. Current owner has the building about 75% occupied with ...
Laura Williams
Kansas City New Property Values
I was just reading on Westport/Plaza Next Door website about how Jackson County Assessors just raised property values alot. Tons of people freaking out cause they're seeing their property's assessed values doubling an...
Sam Shah
Considering a property in Hartford, CT area
Hi Everyone,We are considering purchasing a 12 unit property in Hartord, CT area. We don't live in the area. We live upstate NY. We have a good agent who has sent this deal our way. I'm just doing some due diligence i...
Adam Berlinberg
Newbie tax benefits question
I’m new into the world of real estate and close to getting my first rental property. I’m still confused on tax benefits and looking for some assistance. I’m a high earning W2 household ($400k), and I also have around ...
Trace P.
How much to reinforce bowing/cracked brick walls?
Hi guys, I am in contract on a property, it is 80+ years old but pretty well maintained on the inside, plus a stable tenant who has been there for several years. The only major problem that the professional home inspe...
Alina Laurie
Passive Activity Loss
Hello, my husband and I have owned and rented out a condo for 10 years. We have accrued a passive activity loss that we carryover each year because our joint income is too high to take any of the loss on our tax retur...
Christina Swaby
What are your "qualifications" for a tenant?
My husband I and purchased our first rental at the end of May. We are wrapping up the renovation and are putting it on the market in the next week. What guidelines/qualifications do you use when considering tenants? i...
Josh Prihoda
CPA for Real Estate Professional Status
Does anyone have a CPA recommendation for a CPA that specializes in Real Estate Professional Tax Status? Thanks!