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Tax treatment of insurance claims
Looking for a little advice on this. I have a few sfh rentals. One of them had some significant damage done to it in Feb. of this year. To make a long story short I evicted a tenant and two days later someone kicke...
Ravi Karri
sole tenant arrested, emergency contact not working
Hi,
we found that the tenant who signed the lease as single occupant got arrested. from county website charges seems to include drug and other, bond is very high. I tried to reach emergency contact listed, but its no...
Account Closed
Housing cycles-multifamily
Hi,
I am looking to find a multifamily complex, about 25-75 units or so. Class C+/B-. As I am looking at where to invest, I have been trying to understand real estate cycles and am struggling somewhat. Pe...
Gaurav Mehta
How does Land and Improvements Change after Sale
I have a few question about how prices for Land and Additions are changed post sale. Say there is a property listed for $975,000. Based on its most recent tax statement it showsLand : $18,445Improvements: $80,666.001....
Marc V.
RE Strategy help Tax/1031/development
We are small LLs in Seattle and are looking to demo our primary and develop the 12000 sqf site into several units. Town or Row houses or SFRs whatever makes best sense. The current house is on three parcels that comb...
Scott Chauncey
What is allowed under De Minimis Safe Harbor
Would items that are typically depreciated over 27.5 years (ie furnace, flooring, water heater, doors, etc...) be allowed under this act if they are less than $2,500? Additionally, would appliances like a fridge be al...
Travis Steinemann
Value Add Airbnb in Baton Rouge
Investment Info:
Townhouse buy & hold investment.
Purchase price: $90,000
Cash invested: $36,000
Value add purchased from a wholesaler that we renovated and turned into an Airbnb. We did a lot of...
Robert Bacher
How to find an owners phone number?
I drive for dollars and when I find a place I'm interested in, I know how to find the owners name and address. When I try looking for their phone numbers it's like running into a brick wall. Does anyone have any sug...
Renee H.
A cornucopia of tax questions - please help!
Hello, a little bit of a long post with a couple of tax questions :-) I'm looking for some help as I've become increasingly confused around taxes!Crossing my fingers someone could help me find answers to questions tha...
Marssie Versola
Cost estimate for carpentry work for flip project
I am new to flipping and am looking to get a cost estimate of the following carpentry work. Does anyone have a decent rough estimate for this type of work or a suggestion on where I can get it? I am new to flipping...