Chris Seveney
Forced placed insurance
Reminder to people out there, if you have your servicer handle the forced placed insurance - remember after a foreclosure or deed in lieu where you get the property back the property is no longer insured. Recently had...
Shaune Pilcher
Owner Finance as a Seller
I own a commercial property that a current tenant has approached me about selling to them via owner finance. Which I am very open minded to as I was thinking of listing the property anyways. I have searched a little o...
Gwyeth Smith
Investors who receive Appfolio reports from their PM
My PM uses Appfolio and sends P/L reports via that platform. I have a hard time "following the money" and after discussing this with my PM company, was told that Appfolio can pretty much generate any report based on ...
Shane Crockett
Subdivision process: worth it?
Looking at land in Washington that is 2x more than I originally budgeted for and thus would require additional capital/investors, but could also mean opportunity to subdivide and build 4-5x the number of homes origina...
Bill Ramsour
Use rental losses against other income?
I'm sure this is asked elsewhere but I wasn't able to find it. I found some things online, but I trust these boards more than the wild web. I have a single family rental. With depreciation, sometimes it's slightly ...
Tom Read
Can I write off interest on my rental in MI while I live & rent in CA?
I own a condo in Novi, MI that I purchased in 2001. I married & moved to take a job in California but wasn't able to sell my condo. My wife & I rent in San Francisco & our annual income in 2012 was $ 207k....
Nancy Allen
Finding & Working with Contractors
I have been reading the posts about working with contractors and would like some additional information on:- What are some key questions to ask a contractor you are considering for your project?- What red flags do you...
Mazyar A.
I did not issue 1099 for expenses, can I carry over to next year?
Hello,I had some renovation expenses in 2020, for which I was not able to issue 1099 forms on time and to send out to the subcontractors. Does IRS accept carrying those expenses over to 2021 if I issue and send out th...
Kyle Sutton
Partnerships - What have they looked like?
I'm curious about the various ways investors here have structured their partnerships. How did you split the workload? How much did you contribute to the deal? How much do you get out of the deal? Did you flip or h...
Nick Frey
Short term cap gains with income carryover losses
Short term cap gains basically get counted as income...you have $100k income and $100k short term cap gain, you basically have the same as $200k income.I've been very careful over the years and have tremendous carryov...