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I have a property that converted from personal use to a rental property in 2017. For depreciation on my taxes, the cost basis was defined with the fair market value at time of conversion. I am considering selling now,...
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Now that Stessa has gotten a bit more established I am looking into its capabilities and qualities.Has anyone left QuickBooks and gone with Stessa?I personally feel QuickBooks is just too much for an investor like mys...
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I am in the process of finding a new primary residence and I plan to rent out my current home once I have moved. There are a few things that I want/need to do to my current home before renting it out such as:
- Paint...
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I own a flat roof quadplex which consists of two single-level duplexes side by side located in Jacksonville, FL. One side needs re-roofing and it's being recommended by various roofers to have a pitched roof rather th...
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I recently bought two lots, one holds my personal residence and the other is an adjacent lot. I am located on in the heart of a small town about 20 min Northeast of Columbus, Ohio. The adjacent lot has a historic timb...
I'm thinking of converting some/all of my Traditional IRA to my Roth. I know there will be taxes to pay. If I move to a no tax state like TX or FL it would seem I don't have to pay state tax on the transfer, is that...
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Hi All,I am currently planning on doing a cash out refinance on my personal residence. Something I have been thinking about doing is, after I get my loan, renting my home out and moving to a different home. Are there ...
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Hi Folks,
Toying with the idea of painting the rug covered floor in the attic of our new rental in Bethlehem PA. Unit is a twin and the attic was converted to a bedroom years ago. The carpet is trash, so it’s eithe...
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I have an attic that already has a bathroom, and heating. I see a lot of houses on my block that have dormers, air conditioner in the attic windows and looks like its occupied.
Is it possible to convert my ho...
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Hey all, I'm in Richmond VA market, one of the properties I am currently looking at is a split level it has the perfect layout to make it a duplex. I was wondering what steps I would need to take to make it a legal d...