CJ B.
Tenants Application (Moving due to bedbug/roach infestation)
Hey BPHad an applicant apply for my unit. Upon checking with the tenants references, their current landlord disclosed they are moving due to a bedbug/roach infestation. Without giving specifics to the applicant, I had...
Gary Jellis
1031 Exchange rental to New rental then to Principle Residence?
Can I use a 1031 Exchange to buy another house, then "put it in service as a rental" for a short period of time of 6 to 12 months. After renting it for 6-12 months, then evict the tenants and move in as my new princip...
Rizwan Khan
Asbestos and Lead based Paint
Greetings. I have question for the forum if someone can provide guidance. I recently purchased (not even closed yet) a duplex. At the time of the inspection, one side was vacant and we discovered there may be asbestos...
Pablo Madrid
de minimis safe harbor expense or bonus depreciation, tax on sale
I have some expenses which could go either way on de minimis safe harbor or to capitalize and depreciate to deduct. Assume i bought a rental house for $100,000 on Jan 1. Land is worth $10,000 so depreciation is $3,272...
Tania Reuben
STR Accounting IRS Structure Question
We're planning to STR a cottage on our personal property.My question is from a structure standpoint, can we rent the cottage through one of our corporations, or do we rent it personally. I know one other family that ...
Christian Kenworthy
Salt Lake City, Utah first home under contract
Hello BP! I have my first home under contract. It's a 6/2 duplex that resides in Sugar House, Salt Lake City, Utah. I could really use some input on if this is a real deal, if it's workable, or if it's going to be a r...
Patricia Franciulli
Purchase idea
I found a home on the mls that need 20k or repair. It had mold, the a/c may not be working, plumbing issues, some doors missing, some water damage, no flooring and maybe some foundation issue.
Listing agent R...
Dori Arazi
Insights on Cleveland?
I’m looking for more up-to-date information about the Cleveland market. Is anyone active in that location?
Claire McPherson
Any luck with Furnished Finder?
My husband and I are looking to buy an investment property in Florida (open to other suggestions) but short term rentals are so hard to come by with HOA’s. I saw a website for mid term rentals with fully furnished pla...
Troy Stoehr
Party Wall Agreements
Does anyone have any experience with Party Wall Agreements? I own 1/2 of a duplex that was sold in an auction and the other half was sold to another person (unfortunately...). Anyway - I just refinanced the prop...