Nicole Holcomb
Property Tax Avoidance in California
Hi BP!
I have a client in San Diego that just inherited a 4 Plex worth $1,300,000. The property is in a trust and has been passed down to share between 3 siblings. My client wants to buy out his other two siblings b...
Scott Scharl
Grouping 1031 Properties Together
Posting a question for a friend who's not on BP. I was interested in hearing the answer, so I figured I ask what you all think:In 2004 he sold a rental in CA to buy 3 rentals for cash in Idaho via 1031. If he now want...
Joey English
Landlording: call of doody
This has been the year of the septic system. So far we’ve put in three sets of field lines and had to learn what not to do on a lower pressure drip system. (After owning one for four years, we learned they have a filt...
Matt Smith
Regulations for Napa
I am planning to buy a vacation rentals in Napa. I know it is very hard to get a permit to do Airbnb.However, what are the regulations for longer period lie 30+ days?Are those properties also listed on Airbnb? Or woul...
Matt Siapin
College major?
I know many say you don't need formal schooling to be in the industry but I want to be informed and also like the fact of a back up plan. That being said, what do you guys think the most helpful and useful major for a...
Lorelai Gilmore
End of lease - do I need to send any letter
We're coming up to the end of the lease with my tenants and they want to extend to a month to month but I don't. Do I have to submit any letter saying that their lease will be over on (lease end date) and not renewed...
Aaron Smith
Cash for Keys Tax Deductible?
Hi BPers,@Joshua Smith and I both recently bought properties and had to pay off tenants with cash for keys agreements. To me, it seems like one could argue that this is a property expense and could be deducted as an e...
Benjamin Vail
Columbus is now officially STR friendly!
After a year of outreach, organizing, researching, and advocating, we have a great outcome in STR regulations in Columbus. On 07/30/18 Columbus City Council voted to pass regulations that work well for the majority of...
Kyle Laffey
Vacation Rentals / 2nd Homes will be a steal.
Let me preface by saying of course I understand COVID-19 and its economic effects are a tragic situation. With that said, it is also a situation that will obviously create a lot of opportunity.
For example... a city ...
Allen B.
Landlord Prosecuted for renting to Illegal Immigrant's
This is an interesting article from the Lexingotn Herald Leader. Interesting to us, becasue we have rented to some illegals who gave us bogus ssn cards in the past, but have always paid on time:
http://www.kentucky....