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How much do you put in holding each month for maintenance and cap ex? Let’s say it’s an average condition duplex the roof is 10-15 years old hvac and water heaters are 5-10years old
Hello BP Community. It's been sometime since I last posted but I need some help. I have a property under contract in which the owner divorced her husband around 20 years ago. The title company said the divorcee decree...
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Howdy I know I am crazy but I leased a room in my house to a girlfriend. Anways ended u that I moved out and she has ended up taking over renting the whole place. On top of that she started running a successful airbn...
Here is a couple of links to videos of an ex IRS agent talking about her experience and fraud within:
1) http://www.youtube.com/watch?v=s1UT2Ms5E2k
2) http://www.youtube.com/watch?v=F9PSYkWIuIs&feature=related
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Hi All,I currently have $5,000 in reserves for any unexpected cap-ex/repair items that may come up. This is for a newly rehabbed property. Calculating the cap-ex internal rate of return I'm getting $125/m for a hold o...
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Seeking creative advice. Recently divorced. Have a home in Fl and TN. I hold mortgage on both. Both were community property. Wife quit deeded both homes to me, but I have to pay her 50% of value of Fl home (approx 53...
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For tax purposes, would a $600 roof repair on my rental property be recorded as a capital expenditure, or regular maintainence?
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Hey there everyone! Trigger-shy newbie investor here. I have been a long time lurker here on biggerpockets and thought I would share my biggest roadblock to investing in that first deal. Maybe you all can help get me ...
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Hi, all. First, apologies if this is the wrong place to put this question--my buying a place hinges on it, so I hope this is the right place to post.Anyway, total noob question. A lot of you are probably familiar with...
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A property next to a property I own is boarded up... I finally got through to the owner and is ex husband. he tells me "ex wife will never sign off because she is mean, she will not talk to you, I own 99% and she owns...