Lubna Bushra
converting 1031 to primary residence?
Hi all,
Really hoping someone can help us. We bought a SFH as part of a 1031x and got a good deal. Fixed it over a year, rented it for two years. Despite trying, it has been vacant for 10 months now. We were thinking...
Adam Sieg
Converting primary residence to rental
I'm curious if anyone has any thoughts on this. I believe I once heard in an interview that Grant Cardone doesn't own his primary residence, he actually rents it from his business entity. Is this actually a thing? ...
Peter Vanzino
Cost Basis of Converted Property
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,...
Justin R.
Convert from QuickBooks to Stessa?
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...
Dan Buchta
Converting Primary Residence to Rental
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...
Sarah Mariscal
Converting Quadplex into Two Duplexes
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...
Trey Perrone
converting to rental; separating expenses
New to real estate and BP community. Finding so much great info here!Currently have a town-home that was a personal residence and converting to rental. At this time cash flow wont be much ~$200/mo but will look into r...
Jeff S.
Converting traditional to a Roth
If you convert a rollover IRA to a Roth before April 15 which tax year is affected? Do you have a choice? Would like to be done with taxes to do tax planning and eventually move traditional into Roth on low income years.
Nate Eslinger
Converting Pasture to Ag Land
My understanding is that rent income is higher on farmland (particularly corn) than on pasture land for grazing cattle. Any advice on the best way to go about converting grazing land to suitable ag land? Controlled bu...
Chris Fowler
Converting duplex to single family
Hello all. I own a duplex that I currently rent as a STVR. I am considering converting it into a single family unit(it will remain a STVR). What is your opinion on doing this. Do you think it will be more profitab...