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,...
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...
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...
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...
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...
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 ...
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...
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...
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...