James Park
Tax question regarding deduction and depreciation in one of my rentals
I have a townhome in Chicago that i lived in from Jan 1st - June 30th, 2011. I had this property rented from July 1st - December 31st, 2011. I had a flood in August 2011 which cost me $15,000 out-of-pocket to restore ...
Rick Luis
I need a Lender in Florida
I currently Live in florida i have been almost looking at 120 deals a day. I find some good cash flow deals but dont have the means to put a down payment on any loan or any offer. Reached out to friends and family and...
Andrew Chapman
63-67 River St Haverhill
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $517,500
Cash invested: $192,500
6 unit mixed use building that was listed on the MLS - 4 resi, 2 commercial....
Brendan Hula
Manufactured Housing Community - Depreciation
Hello BP Community!I am working to acquire a portfolio of manufactured housing communities and have a few questions regarding depreciation I was hoping to find answers to or be pointed in the right direction. My quest...
Ken Mull
1031 vs. Cash out Refi
Contemplating a 1031 . Relinquishing one multi-family rental and acquiring a SFR for vacation rental. The 1031 puts time constraints on the deal but gives you nice tax benefits. The cash out refi give you some cash an...
Account Closed
City Inspection or Hire inspector?
Hi everyone!Quick question, I am about to close on a duplex and I’m curious about how to go about getting an inspection. The seller already paid for a city inspection to come out before closing date, this is done ever...
Matt Yates
Pondering my first investment property, help please
Okay folks, I love the forum, long time lurker. I'm thinking of pulling the trigger and getting my first investment property, but I'm torn on how to go about this; condo or SFR in a hot rental neighborhood. This prop...
Stacy C. S.
Company to be on call for repairs and maintenance
Hello! Just starting out over here and wondering if there is such a thing as a property management company that just takes care of repairs and maintenance requests from the tenant. Rent collection and tenant screening...
Joseph Martin
Get LOC on equity based on Cash Flow
I recently bought a rental property. It is a duplex, and rents are earned using the boarding house model; eight doors with leases. I acquired the duplex with a 1031 exchange, and a commercial loan. I was planning to r...
Vivian Doyle
Milton Duplex Help me analyze this deal
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