Scenario: You buy a house after it there was a death in it due to accidental fentanyl exposure. You get the house remediated by a hazmat service and the city gives it an "all-clear". You remodel the house and sell it....

I would imagine I have to depreciate it... but the bill is separated into materials and labor.Depreciate the materials but expense the labor?Thank you,Arnie

Any thoughts...house built in late 50's...some electric upgrades but still mostly original. All copper wire, non-grounded.

Hello. I have a Wisconsin property with two buildings on a lot and the front building had a fire in December last year. I have collected the entire insurance payout and had started demolition in April. The back buildi...

Hello BP community!I'm moving from Los Angeles to Baltimore for business and I want to turn this great opportunity into my FIRST real estate investment opportunity as well.If you're active in the area, I'd love to hea...

I made an offer on a bungalow with an income suite downstairs last week. The basement unit only needs some paint and a few other touches to be rentable -- and I was counting on that income to keep the place afloat whi...

For the past two years I have read, researched, drove for dollars, assessed deals, looked at properties in my area as well as distant properties and I have yet to "pull the trigger". I have read countless posts and ar...

is it a good idea to put primary residence on a line of credit

Hi All.  Long time investor but I am currently under contract to purchase my first MHP in Colorado.  Half the units are park owned, and all are on Rent to own leases.  All leases had the renter put up a $600 option, a...

Can I use the name of a character from a well-know book in the name of my company that I plan on starting? I have not found many resources on-line that deal with this issue.

Bonus Points: Guess the name of the char...