Todd Whitfield
Im a little confused
Hello,
I'm just starting out in real estate, and was wondering a few things. I have been browsing this site for a few weeks and the wealth of knowledge is incredible.
...
Robin Olivaw
HVAC replacement in single-family rental - deduct or depreciate?
Hello,We have a general question about recording for tax purposes HVAC replacement in a single-family rental property.
For the scenario below - is there an option to deduct the expense (fully/partially)?
Scenario:
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N/A N/A
What kind of Material?
Not sure if this has ever been suggested before, but I thought it would be nice to develop some sort of Rehabber's Materials Cheat Sheet. Maybe like a chart with House Type on the top and Sections on the right?
For e...
Erica Post
Seller breach of contract - legal needed
I'm seeking a real estate lawyer (legal advice) who is able to write a letter (at minimum) on my behalf to a seller who is currently out of contract on a SFH in the Tukwila area (purchased off MLS through a licensed R...
Hassan Adan
Seller is not motivated to sell
Hey everybody I'm currently in the talk of getting my first deal but I am dealling with an unmotivated seller. The building has no heat, no eletric. The sellers plan was to build a 3 family there but zoning will only ...
Dan Cakora
Prepping for first purchase - Rural investing in a dump
Hello there!I currently live in Chicago and have just about had my fill of city life. Recently, my significant other and I have been spending time in rural southwest Wisconsin. It's great! The pace of life suits me, I...
Galen Dawes
Flipping - Maximize Appraisal
I'm renovating the entire house. 4 bd, 4 ba with basement. The roof has fairly new architectural shingles. I will be replacing gutters, shutters, front door and garage door, stainless steel appliances, cabinets, va...
Frank Houng
Continuous AC problems with several units
Hi Folks:I invested a 14 unit townhome in Dallas area end of 2013. The subject property was built in 2007, so I imagine the AC are about 7 years old (warranty was for 5 years)Since I bought the units, we have contin...
Chris Matheson
condition report untrue
I am days away from closing on a duplex and completed the final inspection. It rained the day before and I noticed the basement floor was wet along with the lower portion of the walls. The condition report stated the ...
Jessica Lamont
Am I responsible for any damage after sale?
Hello investors, we are in Arizona and we purchased an investment “as is.”
We are unaware of any previous leaking or any major damage on the house. Are we responsible for anything that may happen after sale if there ...