Tom Henderson
Closing on a property, with tenant stuff still there. (POD unit)
hello team!I was scheduled to close on my fourth investment property, a duplex in Minneapolis 10/15. We have pushed back closing due to a tenants POD unit still being in the driveway. As part of the PA, I requested th...
Kristi C.
Depreciating appliances
As I understand it, you can depreciate appliances in a rental over 5 years. If I bought a house with appliances already in it, can I depreciate them? Or does this only apply to new appliance purchases after the initia...
Ian MacNeil
Appropriate Insurance to Cover Half-Owner-Occupied Duplex
In the process of purchasing a duplex (3 bdrm/2ba each unit). I will occupy one side and rent the other. No major renovations required at this time. Do I need Coverages A-F? Can I opt out of B coverage if I don't have...
Derrick Kwadro
Using FHA and refinancing later
A couple of months after I retired out of the Army. I realized that my retirement goal was not complete and real estate investment might be the answer
I recently purchased my primary home a year ago using a VA loan. ...
Ken Williams
Insurance for Owner Occupied Duplex?
Hello, I am renting out the other side of a duplex that I will be living in. What type of insurance would you guys recommend for this scenario?
Harry Campbell
Almost done with my Rental Prop Taxes
Thanks to this forum I found NOLO's Landlord deduction guide and it has been a god send. It's answered pretty much every question I had and the examples are super helpful too. Great recommendation.
Anyways,...
Lesley Resnick
Deductibility of a trailer home
I have heard conflicting arguments as to whether a trailer home is 100% deductible in the year of purchase. Are there an CPA's who can shed light on this. If this is possible, then the mobile home market stands to g...
Samuel Wilson
patios and outdoor furnishing
So I have been looking at a SFH in the Waukegan IL area, It does not have any type of outdoor furnishings whatsoever and if I were to buy the house how would adding a patio or a fire pit effect value of the house? Wou...
Josh Kroll
MACRS Depreciation for Manufactured Homes not anchored to land
I would greatly appreciate if someone could let me know the correct # of MACRS depreciation years that a manufactured home not anchored to land (e.g. sitting on leased land). Specific links or references to IRS public...
Philip Ganz
Combining a Cost Segregation Report and a 1031 Exchange
Has anyone Combined a Cost Segregation Report and a 1031 Exchange? What is the upside? The downside? Any recommendation for a cost segregation report?