Anthony Ziccardi
Tenant / landlord dispute
The purposes of this post are to learn strategies and plan further actions.Tenant did not clear the snow from there walk way I informed that that I would now snowblow while snow blowing the charger to the ev car got c...
Whit Hill
How to determine cost basis? Help!
My husband and I have just sold our longtime home in Michigan. We moved to Tennessee in 2008 and have been renting it out for the past 7 years. Here are the basics: We bought it for 130K 20 years ago and just sold it...
Travis Reed
Hey CPAs, Can I do my own cost segregation study?
I am a practicing Texas Licensed Civil Engineer. I work at a consulting firm that does development work, utility work, drainage, paving, construction management, surveying, plating, etc. I estimate project costs on mu...
Kevin Macdonald
tax write offs for new house not finished/rented?
Newbee, who needs tax advice. I am building a new house (old house which was never finished) with the intention to rent it out for years. I am funding the project with private money until it is complete. When done ...
Christopher DeFronzo
Sprinkler System Maintenance or Concerns?
Hi everyone, I am pretty new to the forums & investing. I am looking for my first deal after reading several of the BP books & J. Scott's estimating rehab costs book. My question is regarding a 3 family (fo...
Jason Layman
LLC vs S corp in NC
I have heard that you should be an LLC and then file as a S corp. My accountant to day told me that i should just be an S corp due to a few reasons. I am new in the real estate game and would like some opinions and...
Anthony Jordan
Owner Financing: Tax Implications for Seller
Hey BP, I'm looking to make an offer to buy a single family home using owner financing and want to get a better understanding of what the tax implications are to the seller. My initial thought is that the seller would...
Adam Sipherd
Owner Occupied Duplex - LLC - Solo 401k
I'm currently living in a duplex I own, work full time, but my employer doesn't offer a retirement plan. I'm considering starting an LLC that I can run rental income and expenses through for the main purpose of starti...
Cory S.
Scheduled Maintenance Choices
So what is everybody's opinion on being more proactive with your property and having scheduled services done throughout the year. Which ones would you do?EXAMPLESFall & Spring Landscape Target Date: March/April an...
Brandon Lawson
Nanaimo BC Multi-Family
Investment Info:
Large multi-family (5+ units) buy & hold investment in Nanaimo.
Purchase price: $3,500,000
Cash invested: $1,300,000
32 unit apartment building located in Nanaimo BC's South End ...