Doina Lechanu
How do I sell my condo without HOA
I bought my condo cheap. It was a foreclosure and I paid cash. There was no HOA fees. However my closing documents showed an active HOA. I was not present at the closing but gave a power of attorney to my agent/lawyer...
Michael Hayes
AirBnB Rental in 1/2 of property. Do I understand the deductions?
Hello,here's my situation: I live in a house and rent rooms on AirBnB. What can I deduct?1) I live in 1/2 of the house (sqft). However it is only 1 bedroom: I rent 3 bedrooms on AirBnB. My research told me to split co...
Yu Shi
How to sell a land quickly
Hello, I purchased a piece of vacant land in LA county through tax sale. It's been more than a year and I have been trying to sell it. SO far I tried landmodo.com, Land.com, Landcentury.com They all seem not work well...
Joey Newton
How to sub meter H2O in multifamily?
Good morning BP universe!I recently purchased a pair of 4 families in the St. Louis county area, and I am a total virgin when it comes to this. I want to sub meter each unit's water, so I would non longer have to bear...
Manvir G.
Utilities paid by tenant or landlord?
Hi everyone,I'm looking into small and medium sized apartments in Windsor Ontario and just wondering how common it is for the utilities to paid for my tenants? Most of the properties I see don't cash flow well but I'v...
Julio Gonzalez
What is Considered a Quality Cost Segregation Study?
As most of you know, as part of the IRA, the IRS was allocated significant funds to hire new employees. With that comes an increased audit risk. One of the things that IRS auditors look for when auditing a cost segreg...
Karim Shah
RUBS for Apartment Building
I'm considering using RUBS on my 11 unit building for the gas (heat) and water.
Does anybody have experience with using RUBS, was it benefical?
Andrew Grieb
Who is responsible for Utilities during a Foreclosure Inspection?
BP,I am making an offer on an REO property and my Agent sent me and addendum stating the bank requires that the Buyer's agent be responsible for turning on the utilities during the property inspection and pay for the ...
Richard P.
What utilities do landlords typically cover in Indianapolis?
I'm new to the Indy market and wanted to get a feeling for what utilities are covered by the landlord vs. the tenant. I know this probably differs between single and multi family homes, location, and rent price, but ...
Kevin Deady
Tenants & Utilities
It seems like a no-brainer to have your tenants pay for the utilities, right?Why would you (as a landlord) ever consider picking up the bill?