Richard Lindman
Self Directed IRA - Accessing for funding deals
Hello BP,Because of the rules, it is not possible for the owner of a Self Directed IRA to loan money to their LLC's. It would be considered a prohibited transaction.My solution is to find other investors with a Self ...
Christopher Gosch
Commerical Building Question
Hi,
I just bought a Commerical building in Los Angeles and was wondering if anyone had experience dealing with neighbors on adjoining property. On the North side of my building is a 12' wide Alley space that has b...
Roy Will
QuickBooks Bank Reconcilation Report is helpful for saving Time
QuickBooks Bank Reconciliation report generate feature will help to boost up your efficiency to correct the mistake within a fraction of second. To access the Reconciliation feature of QuickBooks, all you need to do i...
Calvin Kwan
[Oakland] Concrete vs. Paver Steps
I'm getting close to finishing up my Oakland renovation and want to replace the concrete steps leading up to property. The steps are buckling and it seem they were not installed with rebar.
I've gotten quotes from...
Art Maydan
Frozen Pipe Solutions
Does anyone have experience installing heated pipe tape in units that have already been built and are occupied? Last year when it hit -40F, we had several units with frozen pipes running along exterior walls freeze de...
Raman Bindlish
Partnership exits without selling property
I am looking for some guidance on what are the exit options for one partner without selling the property. Basics - Property owned in California - joint tenant title. Both partners on the loan as well. It is a duplex r...
Benjamin Perkins
Am I required to fill the water on my tenants steam heat boilers
Purchased a duplex a few years ago and inherited two longstanding tenants. The last owner was in his 80s used to stop by once a week and fill the water in the steam boilers. Both tenants expect this to happen as part...
Kevin Nichols
Hot Water Heater ("Too small")
We have a duplex where on one side, the previous owner moved the hot water heater from the attic down to the small kitchen and made it an under cabinet installation.It's pretty small....probably 30 gallon, electric.Te...
Chris Waugaman
Rental Property Depreciation Tax Question
Hi All-
So I purchased my first rental property 2 years old. New construction townhome. My question is about Tax write offs. So my account has told me to not take the yearly depreciation on the property for my taxes...
Cody Lewis
Syndication Software Suggestions
Our team is looking to migrate from Excel to an actual Syndication software. I would love to know what everyone is currently using along with any positives or negatives with them. We're evaluating "full service" solut...