Julio Gonzalez
Asset Classifications for Cost Segregation
Cost segregation utilizes the MACRS approach. The key is to identify personal property from real property. Tangible personal property identified in a cost segregation study is what allows you to accelerate depreciatio...
Winn Vu
Repairs request for rental
Please share if you know what repairs/ maintenance renters can request landlord. I’m a little annoyed by a renter who requested me to fix the doorbell for her. Can I tell her to go buy a wireless doorbell to use? She ...
John Underwood
Dueling HVAC units - Upstairs vs Downstairs
This is just an observation, and it happens every Spring and FallWe have a large cabin in PF. 4 Bedrooms downstairs and 2 upstairs.So the older people likely take the downstairs bedrooms to avoid the stairs and the ki...
Olia Kalinina
Fort Myers FL vs. Bayonne, NJ
Hi everyone! I am looking into purchasing my first 2family investment property (first from the asset class perspective - was investing in SF/condos) and deciding between 2 areas - Fort Myers, FL and Bayonne, NJ - arou...
Lian Shi
How to value if a property listed in HUD is a good deal?
Hi group, I found a HUD property, and pulled out the comps, looks like it is a good deal, However, what concerns me is that if it is a good deal why it has been sitting on HUD for over a year now and price reduce...
Ryan E.
Older duplexes needing major repairs - Is there a deal?
I'm hoping for suggestions on ANY possible way to make some money on a packaged multi-family deal I've just inspected (off-market, but broker involved). At this point I am leaning to walking away from it. The deal i...
Donna Hardie
Our OFF GRID Home on 16 acres near Mt Rainer
Investment Info:
Single-family residence buy & hold investment in Carbonado.
Purchase price: $190,000
Cash invested: $60,000
16 acre 3 bed 1 bath Home. Totally Off grid with micro hydro,48v dc to...
Donna Hardie
Our OFF GRID Home on 16 acres near Mt Rainer
Investment Info:
Single-family residence buy & hold investment in Carbonado.
Purchase price: $190,000
Cash invested: $60,000
16 acre 3 bed 1 bath Home. Totally Off grid with micro hydro,48v dc to...
Brian Harris
New property maintenance vs increase of basis
When I buy a brand new property and spend money making it rent ready, I'm not sure what to classify as maintenance vs adding to my cost basis. For example:* Getting new door locks* Getting a new garage door opener* La...
Darrell Lee
Teach Me About New England Fireplaces
I'm a life long SoCal investor buying property in Vermont. In Cali, fireplaces are a huge plus, in the NorEast they are rarely mentioned. From reading the forums I guess 100 yr old homes the fireplaces are a negative?...