In the city where my property is located, there are many three-story apartment buildings with a unit on each floor. These are no longer allowed to be built new in the city. So replacement cost of my two buildings is ...
I hold my investment properties within an LLC, which on paper, after all deductions, should take a loss each year (or close to it). I obviously can‘t give 10% of my profits.I’m curious what formula/standards others ar...
Hi all.So, If I'm on vacation out of the country and need to spend a little extra for internet, say the $9.99 24-hour wifi charge from some hotels or international roaming text messages, etc, can I write that off as a...
I was trying to analyze a property in Fort Worth, Texas.I looked up the taxes on Zillow as well as on the county assessor site. The 2 are very different for 2012. One is about $2000 and the other is about $3000.For 20...
When looking to purchase a home, there are many details to take into consideration. Many people look at the location, features of the home, and, most importantly, the price. While the initial purchase is important, ma...
The 14 Day deposit return is unrealistic in this scenario:
Tenant is demanding a list of receipts as per the 14 day requirement:
Problem: Cat Urine soaked wood floors. First several attempts to remove odor with enz...
If one is looking at a condo deal, ie 4 separate units that are condos, how does one evaluate this deal. Ie how to factor cap ex if HOA does this. Also do you still use cap rate and noi to calculate value? Lastly, I'v...
I am curious. Typically when I analyze a property I include the usual (property tax, insurance, etc.), I was wondering if anyone includes rental income tax as an expense when analyzing a property? For example, after d...