John Roberts
Need Advice: Just purchased a foreclosed house
Hi,We purchased our first foreclosed house a little over a month ago via auction. My son and son-in-law have been working on the house getting it ready to flip and are about halfway through renovations. The daughter...
Sue Spencer
Sale of rental house depreciation of appliances
First time I have sold a rental house. I've always done my own taxes. I have been depreciating the refrigerator, gas range, carpeting and tile flooring improvements separately from the house as they were improvements ...
Bill Schrimpf
Mobie Home - Accellerated Depreciation
Will a mobile home, newly purchased from the factory put to use as a rental, that is not immediately converted to real property, qualify for the 2017 accelerated deprecation, since it's personal property ? If the ans...
Johnery Laurimore
Myrtle Beach Vacation Rental Taxes
Has anyone dealt with the personal property tax on Myrtle Beach Vacation rentals? Any exemptions for nonresidents? Other random year end taxes?
Troy Welch
1031 exchange question
I am closing on a personal property at the end of August. I am going to move all of my stuff over then list my current home. Can I still do a 1031 exchange?
Preston Gealy
Modular Home Title Disaster
Just bought a modular home in PA. After the sale, I found out that the land was transferrd to me but the title of the home is still in the original owners name. I found the title and owners name but he is not respondi...
Jacob A.
Starting a TX LLC to avoid inheritance taxes
Apologies if this is the wrong forum. My mom is based in PA and so is subject to inheritance taxes. She wants to buy some property near me in TX and she suggested we put her and my name on the property so to avoid any...
Allen Seto
Probate - Estate Appointment Terminology - help?
Hi Folks,I have been down to the courthouse in my city and was able to pull some probate files that I hope can generate leads for me. I have a question regarding some of the terminology. On the application document,...
Dejuan Calloway
Is there a difference between homeowners and Landlord insurance?
Hi could anyone recommend any good home owner/ Landlord insurance in Georgia? I would greatly appreciate it. Thanks Also is there a difference between homeowners insurance and Landlord Insurance?
Ewka Kawecki
HELOC or cashout trying to figure out
I want to purchase another propery, I’m wonder is better strategy to take HELOC (current rates 7%) from personal property or cash out from rental property. (Current mortgage rate on rental property is 3.25% after refi...