So, recently I closed on a property in SC. Currently the building is vacant, at one point it was a functional beauty salon. This is my 1st deal EVER. My plan is to convert into a barber shop, should be a smooth transi...

I am planning on selling my Assisted Living Home with a "lease to buy".  What kind of lawyer would be best.  Is there anyone out there that has used this strategy?  What are the pro's and con's.   Thank you, Manitou

Do you have to issue a w2 to a child employee that makes under $12,000??

Hello,I'm trying to invest in some STRs in the Gulf Shores market. Pretty much my only option (unless I want to seek outside investors) to be able to afford a down payment is to use the equity in my home. I've been wo...

The lease on a commercial space I have rented for 7 yrs is up for renewal.   Problem is 6 months ago new building owner took over.    He is taking full advantage.   Increasing rent by 20%.    I know I have the leverag...

I am looking at purchasing a car wash. I am overwhelmed a bit with the thought considering it would be a new investment for me (currently one SFH rental and 1 mulit family 6 unit apartment). However, I am very interes...

Went driving for dollars have some great property. How do I contact the owners??

Hi everybody,I have been using yellow letters dot com for my marketing needs (yellow letters) so far. I am reaching out to all my Houston investors to know what you guys are using (large companies or local alternative...

I am in escrow on a commercial/industrial complex with 3 fully rented warehouse buildings and a dirt lot in the back corner.  Currently the tenants are storing construction equipment and personal RVs in the lot for fr...

I ran across this article this evening when I was researching some other tax matters:

Who says you can't depreciate land?

The basic procedure seems to be:

1. Split the improvements from the l...