Nicholas Armstrong
During Older Duplex Inspection, Creepy Discovery.
I need help!So I recently got an inspection done on a duplex that we will be closing on next month.We climbed into the attic hatch and it was completely open, nothing dividing the two units' attic! Which brings up two...
Timothy W.
Big fire...dumb reason.....
I was going to put this in the insurance forum but it goes a bit off topic. I do insurance claims adjusting part time in addition to land lording. I had a little insurance claim today that I am the adjuster for the ...
Kyndall Johnson
Federal Pacific Circuit Breakers
Be mindful of the Federal Pacific circuit breakers when buying or occupying a property. These circuit breakers are significant fire risks and should be replaced ASAP. I purchased a property and lived in it for years b...
Mark Risley
Buying a fire damaged property
Howdy All!I am fairly new to the BP community, but am eager to become an active member.Here is the situation....I am a licensed RE broker in the state of Colorado. I was chatting with my roofing guy (who owns a Fire, ...
Stuart M.
Pub 527 says don't include certain closing costs in basis?
In publication 527 it says:"The following are settlement fees and closing costs you can’t include in your basis in the property.
Fire insurance premiums.Rent or other charges relating to occupancy of the property b...
Ben Fernandez
Fix and flip accountant credentials
For someone starting out in fix and flips, what are some things to look for in choosing the right accountant/cpa to start a house flipping venture?
Jami Kloet
Major fire at SFH, what are some of our rights as landlords?
I'm trying to comb my way through the updated Residential Tenancies Act but I can't really seem to find an answer. I'm hoping somebody here can point me in the right direction, or maybe offer some guidance.Long story ...
Steve M.
Duplex Rental Fire - Likely Total Loss
Hey Guys ...
Hope all is well! I don't post as often anymore, but I still lurk and read quite a bit. Anyways, received word this morning that my Duplex Rental House had a fire last night. Later learned this aftern...
Collin Wilson
Fire in SFH Rental - Renters Insurance
Hi All! 2 weeks ago I received an early morning call that my SFH Rental Property caught fire. The Fire Marshal determined the Fire was caused by the tenants improperly disposing of a cigarette. The tenants confirmed...
Michael Lauther
House is on fire
Just got a call , its 11.33 pm on the east coast and one of my properties is on fire. The tenant called me and she just returned home with her two young children and everyone is safe. The house is in Dayton Ohio and I...