So I was getting ready to leave on vacation for two weeks (Alaska) when I get a letter from the Chapter 13 Bankruptcy Trustee. One of my tenants that has been a renter for more than 2 years recently filed.
I tried ...
After a very long search, I am days away from signing a P&S on a condo investment. This is in Boston. It is a residential unit in a 12 unit complex. 9 are residential, 3 commercial. The cash flow and IRR are fanta...
Under current tax law, your building is set to depreciate over 27.5 or 39 years. But many assets like lighting, carpeting and cabinetry depreciate much faster than that.
Which means you shouldn’t have to wait all t...
Good evening BP. I was wondering how long you could go on using the 1031 to defer taxes. Is it limited to a number of transactions or years? Are there any limits to it? Thanks in advance any help you guys can offer :)
I have something of a theoretical question. My current strategy has been to invest for cashflow, and to these aims I have purchased a triplex in my hometown of Spokane and am under contract for my first SFH in Indiana...
I acquired a property, and it is in process of being rehabbed (~$50K equity financed rehab). I am in process of setting up an LLC for this property. Should I wait till rehab is complete to deed the property, or just ...
Hello Everyone!If you are direct mail marketing in today's environment how's it going for you? Are you using to sites like Listsource and Propstream to source leads? What's your best marketing piece? What's your overa...
I though I got a great deal on this one according to comp analysis, but the appraisal just came in at exactly the sale price.
I will see the appraisal tomorrow. Eager to see how the appraiser justify his numb...
I've been using https://www.tenantbackgroundsearch.com/, which I think is connected to the MySmartMove site and I came across an issue. One lady was going through the process of verifying herself and the online sys...