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I have new tenants in a SFR. They had repairs done without my knowledge or consent. Had I consented, I would have the repair company send me the bill. I will NOT allow tenants to have repairs done and then deduct that...
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I know an owner (very old school) who is ready to retire and liquidate his portfolio. He has a few buildings in DC valued at over $1M . He has already started to sell off some of his properties. He does not employ ...
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Since it's almost the end of the year, I wanted to focus our question on ideas and strategies that can help us make last minute changes to help lessen the tax burden, or to start the year with best practices.
Let's h...
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Hi all,I'm looking to replace two currently functioning but well-aged tank style water heaters with longer-lasting and more efficient tankless heaters in my quadplex (3x1br+1x2br). This will also completely remove the...
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So just like the title of this post says, I finished the renovation of a house. I put it on the market, admittedly, for more than it is worth, and I had a few tire kickers but no offers. 4 months later, I am now at 5k...
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Hello All,I am planning on investing out of state, right now I am looking at Indianapolis and Fort Wayne, Indiana. Would you recommend beginning with a turnkey property to get into the market, or would jumping in wit...
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I backed out of a seller finance deal after the contingency’s expired what am I on the hook for?? I’am being told from the law firm that was handling it that I have to pay the paperwork fee a title fee and pay for a r...
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Self directed IRA's can be used for investing into homes...so I've heard. I have a 401(k) that I'm currently looking to use for my next property and would love to move that into a SDIRA towards an investment. How do...
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Looking for ways to turn this into non taxable cash or just purchase something to avoid taxes.I'm on my second 1031 exch but later found out that I can't use the funds to improve on already purchased land so I'm a lit...