Oftentimes we think of a cost segregation study only on residential properties or office buildings. But it can be so beneficial for a number of types of properties. While I have seen cost segregation studies generat...
Hi Everyone, I currently have a tri-plex and one of my dryers is getting ready to die. I have a consumer washer and dryer and thinking of switching to coin-operated appliances. Anyone has insight if I should switch to...
A friend came to me with a commercial property. She ran out of money trying to improve the property. Currently seeking advice on how to obtain the funds to finish this project. she already owns it and has started to f...
Hi everyone!I am considering buying a mobile home to place on the land I live on. Is this a good idea? What are some pros/cons and other stuff to pay attention to for mobile home rentals?
The property is a 5 unit light industrial building. It was built by my father who was self employed as retirement income for him and my mother, who was a stay-at-home mother and also assisted him in his business. One ...
I own a 3-unit multifamily property in Elizabeth Port, NJ. I got a study appraised (I haven't committed to the appraisal yet) that claims they can write off anywhere from $76,000 - $117,000. A couple of questions:Does...
I grew up in England, UK I struggled to find a profitable market and working a 9-5 job, the hassle of living on payslip to payslip had inevitably led me to venture outside the country. So much so that I went back to m...
I have an ozone generator that continues to surprise me. I use it to remove odors in a variety of situations like smoke, pets, or even certain food smells. Last year I took over management of a nice house but it had a...
Hello,I have a 15 year old HVAC systems in my multifamily duplex and I think both the units have reached end of life.i came across mr cool mini split 24k btu on sale for $1500 and thinking about replacing my old HVAC ...
I have several rental properties but have never formed an LLC. With the new tax law coming I keep hearing about the pass through income for LLCs. I am wondering how I am currently taxed on the profits I make from my...