Robert Comstock
92122 UTC: What im seeing
So I'm a condo owner in UTC. I bought my property back in 2012 just before the "Property Value Moon Launch" and I have noticed a few things going on that I wanted to discuss.Observation 1. Rentals in the area are ch...
Rafael Martinez
Should we start a cancel mortgage movement?
It seems the government have no concern for mom and pop investors. With the CDC extension of the eviction moratorium until June, it seems their only interest is protecting the banks. There are tenants refusing to pay ...
Carini Rochester
Good Cause Eviction law
Here a quote from a news article dated yesterday. I have apartments in the City of Rochester. It sounds like the tenant retains the right to leave at the end of a lease, but the landlord doesn't have the right to end ...
Kyle Nelson
Rental Vacation Properties
Hello BiggerPockets universe, I am very new to real estate and just getting my feet wet this year. I am exploring all aspects of the real estate world to really hone in on what I want to focus my time and energy on. ...
Joel Owens
1031 Exchange in danger. Why aren't more people talking??
savethe1031.orgThe 1031 is one of the bedrock's of investing. Why isn't a network platform here of over 600,000 members in one voice telling representatives that they do not want a change to the 1031?
Aaron Smith
Cash for Keys Tax Deductible?
Hi BPers,@Joshua Smith and I both recently bought properties and had to pay off tenants with cash for keys agreements. To me, it seems like one could argue that this is a property expense and could be deducted as an e...
Jonathan Ko
California - Close to Evicting a Tenant. Steps?
BP,
Asking for another individual.
A tenant has leased the unit for the last two years. Their contract is about to expire at the end of the month (March), and the landlord does not want to renew the lease contract. ...
Lenzy Ruffin
Can a tenant with no lease be evicted in 30 days by the new owner?
Have agreed on price with a homeowner and will get the contract signed tomorrow. This is a deal I will be wholesaling (and will be my first deal, if it goes through). The property has a tenant who has been there for t...
Paul B.
Why is depreciation 1/27.5?
Can anyone who has owned a property for a long period of time confirm that the money they spend over 27.5 years is approximately the original cost of the structure? Is this supposed to be maintenance, or are capital e...
Saika Maeda
ADU permit or not; financial implications
Hi all, I’m almost in escrow with this single family home in LA with an un-permitted large ADU with a Certificate of occupancy. An architect told me that even though ADUs should not be bigger than 50% of the main hous...