Sean H.
Bonus depreciation - depreciation recapture after demolition?
I just bought a property i was planning to rent it until i have time to get to it. My long term plan is just to rent it for a couple years, and then tear it down. If i claim bonus depreciation on it this year or next,...
Nick Drury
Buying into a fully depreciated property...options?
My business partner owns a large multi-family property that he’s offered I buy into in the near future. I’m very interested in the deal, but he’s owned it for a long time and there is very little depreciation remaini...
Drew G.
Financing for a commercial unit
Hello All,
I am the beginning stages of purchasing my first commercial/residential unit. The building has 4 commercial units and 2 apartments above the commercial units.
I have spoken to a few local banks about fin...
Patrick Slagle
Dishwasher Repair and Maintenance
Hey all! The dishwasher in our rental has issues starting. It requires you to flip the circuit breaker on and off, but recently it’s required you to flip the circuit breaker a lot of times to turn on. What approach do...
Jake Hottenrott
Selling a MH, Park Owner denies Buyer
Good evening! I've ran into a little bit of a stumbling block and I'm looking for additional options for my next move. I appreciate all answers in advance.I have a signed contract to sell a mobile home but the park ...
Account Closed
REO Asset Management Industry Insight!
Here is some insight into REO Asset Management etc, The technology and process.
EDITED- SEE PDF FILE IN POST BELOW
Nick M.
Are these fair commercial terms?
Hi All,I've received a commercial term sheet for my first commercial property ($390K loan on $520K purchase):10 year maturity, 25 year amortization. During the first five years fixed at 4.75 and then after first fiv...
Chad Kirchner
What next, BRRR, wait for FHA, or 2nd base hit?
My story so far: I bought a duplex in MA and sold after 5 years and made enough to take larger strides in real estate.I’m trying to figure out what to do next.I just bought a 3 family owner occupied that pays for itse...
Scott Ball
Depreciation for buy and hold
I need a bit of clarification on depreciation since where I live overseas they calculate it completely differently.
My understanding so far is that you can start depreciating your property once it is rented and you ...
Adam Orentlicher
Motion sensor thermostats
Hi All, I have a vacation property that I'd prefer NOT to install a hard coded thermostat in - e.g., I want to give folks the ability to set the temperature on their own. Otherwise I'm sure I'll get complaints. I'd ...