Hey everyone . Quick question, I'm Canadian and recently sold property in AZ. I'm now buying a more expensive property in California. I'm wondering if I can do a 1031 exchange or is this only for residents? Thank you
I have never had to replace a boiler system. Per a plumbing contractor who was at the rental property to replace a leaking boiler valve, he stated that his fear in replacing the valve is needing to shut the system dow...
TL;DR is at the end of this post.My tenant was having issues with the AC. I told him to contact an HVAC company I had researched on a prior occasion. I had previously scheduled for this same company to check on an A...
I have a FHA work order for a bathroom that has a outlet in the light. The work order says the light needs to be replaced with a light that doesn't have an outlet. But then it also says that a GFCI outlet needs to b...
Looking at a property that has a septic system.Is this something that I want to stay away from?Or, as long as the inspection checks out, is it something that is easily managed and won't cause a lot of headache in the ...
Hi all,
I am in a bind regarding the 1031 deadlines with the CA disaster extension in play. Here's my situation:
We started a reverse-1031 transaction with a replacement property bought on Sept 29, 2022. We ID'ed th...
What are you guys paying for a licensed plumber per fixture? I got a quote of $800/fixture, is this reasonable? Any referrals for the Northern NJ area would be very much appreciated!
I bought a triplex over a year ago. One of the tenants, who seems to be clean, the times I have entered their property, had a window trim in her bathroom that was full of mold and kept spreading when she cleaned it. T...
Please help. I have a tenant and his dog chew on wood a lot. Already eat up half of the fence post. Dog is 8 month old. About 80 pounds. I hear if you spary vinegar it will help. Any advice?
Hello! I want to turn out first home to a rental property but needs a new roof. For tax purposes later, can we claim the roof? Do we need to be making cashflow in the property to claim the roof under depreciation each...