Stacey LaBarge
Ranking cities by rent to sales price ratio (aka The 1% rule)
For my own investments, I wanted a list of cities with the highest rent to sales price ratio (aka The 1% rule) as a starting point for research. After some searching, I didn't find what I was looking for, so I made it...
Prab C.
Property Assessment vs. Purchase Price
I'm looking at a property in Indianapolis that has a much higher assessed value (for tax purposes) vs. the purchase price I am thinking of paying. Anyone have any experience will this? Will the assessed value come dow...
Nancy Bachety
Adding a new pool to STR: expense it?
Has anyone built a pool at their STR and included it as an expense? Legitimately. With their accountants blessing? Or would it qualify, as long as it’s in service before and after the install?
Sam Cannata
1031 Exchange Extensions
A situation arose with a 1031 exchange I am in the middle of in Denver, CO. Here is the timeline. 1031 started Jan. 2nd. Identified a property and closed Feb 26th. Gave the existing tenant 29 days to vacate the proper...
Janette Vogel
Vit Finance LLC
I am wondering if anyone has had any dealings with Vit Finance LLC and or George Lycos? He claims this business is "fully registered" located in Reno NV. This is part of the email I received after contacting him: Comp...
Annette Hibbler
Detroit Investor, Does This Sound Familiar?
My husband and I have been investing in Michigan for several years now. Cities like Detroit are gold mines for investors IF you do your homework and have a reliable and trustworthy advocate right here (a must for lon...
Josh Atkinson
Allocating sales prices on a package sale
Let's say you have a shopping center that is fully depreciated. You then build a dollar store on an out parcel and hold it for a year. In order to save in taxes can you sell both properties as a package deal but alloc...
Chris Sia
LLC Company Renewal and Tax File
Hi,Can someone please offer me an advise me?I have registered LLC with GlobeAmerica last in August in hoping to start investing in US.Currently there is no activity (slow start). I have received an email from the comp...
Tyrell Rutledge
Buying with cash, no realtor. I want quit-deed. What paperwork?
I have a verbal agreement on a sale price on a SFR here in Yukon, ok. I want to pay off the existing mortgage and the seller with cash so I can brrrr the property. This is family and I know the only lean is the existi...
Catherine Decker
Converting traditional IRA/401K to Self-directed or SoloK
Hi - I have been doing research on self-directed IRAs and SoloK's. I would like to either roll-over a 401K from a former employer into a SoloK or self-directed IRA or start one.Here's what I want to know, has anyone d...