The other day I stumbled upon articles on segmented depreciation and how it increases the depreciation in early years by doing this. It sounds like little bit of work to segment the depreciation amounts but seems wort...
Hi-Seeking to give out loans to property owners who hold the property in an LLC (multi-member, if that's relevant at all). For anyone's who's done this...-Does it make a difference if the loan is made out to the LLC v...
Hey All,
Does anyone know if you have to have a business license per rental house or does just one for the city do the job for multiple houses?
Thanks,
Chris
Hey everyone! I'm shopping around for insurance for our first Single Family we are about to close on. I have a couple of questions that I hope your collective mind can help out with! We are BRRRR'ing this one!
1. Is ...
Hello, hoping someone can chime in regarding my questions below.I currently own 4 rental properties all of which are townhomes in the same city in MN. Their current values are as follows: $215k, $155k, $140k and $14...
Hello everyone
I am not sure what the laws are so I wanted to post this. I have personal property left in a property just purchased at a PA sheriff sale. The owner passed away with no heirs. I am having the t...
I have a new construction STR that will be completed and placed in service this year. I understand that none of my expenses are deductible until the property is placed in service, and that all construction expenses an...
Hello pros,
I know for reverse mortgage short sale, seller concession is not allowed. However, I met an experienced short sale who advise me this: You can buy seller's furniture and appliances in the property for a...
Hello i have just won a house at the auction and seen inside the house before it is filled with so much clutter clothes toys and junk...i mean piles...no one lives in the home the owner just comes by once in a while a...
Hello,I just bought a 9 unit bldg last year. Most of the residential units had at least a fridge and range. I had to buy a couple new fridges and a new range for some of the units.Obviously the new appliances should b...