Navid A.
Tax deductions under Schedule E (i.e Home Office)
BP,
Lots of ambiguous info out there regarding these tax matters (to be expected). If I have 6 rental properties, all under a single-member LLC, is it worth exploring the option of listing income on schedule C and t...
Patrick Shep
Land Value for Depreciation
if you’re figuring out the land value for depreciation purposes, can I use the Fair market value for the land? The county assessment taxes it at 59k which is WAY too high. A plot of land has sold for $8500, $10k and 2...
James L.
Turning a short sale into a 1st. position note acquisiton?
This is my first post on BP. I have used the search function and gone through the notes section and have yet to find answers relating to my current circumstance. If these questions have been asked before I ap...
Alma Mills
Are Mortgage Rates Higher in Different States? Like Ohio?
I own property in Ohio and California and have been refinancing several of them. I have been surprised that the rates I am getting quoted in Ohio are significantly higher than those I have been getting in CA. The Oh...
Peter Fokas
How to screen tenants coming from outside the United States?
One prospective tenant contacted me from the UK inquiring about my rental in NJ. How do I screen someone that is outside of the U.S.?
Robert Leitner
Fair cost for appraisal
Hi all, I was buying an investment property in Phoenix, which I backed out of today after learning of HOA restrictions. I contacted my broker and asked him to hold the appraisal, unfortunately found out today that I m...
Rich Hupper
HOA self run Question
HelloI am a real estate broker and I was recently introduced to the trustee of a self managed 12 unit condo association. I would like to manage this property for the unit owners however I do not know how to sell mysel...
Collin Borns
Should I take a course in multi-family modelling before investing
Hello everyone,I am curious if people recommend taking a course such as REFM or a BIWS course before investing in multi-family real estate. Alot of the gurus seem to say all you need to know is income and expenses, b...
Dave Rav
Experience with carpet tiles in a rental
Hellos REIs! I want to inquire about your experience with carpet tiles in rentals- like these https://www.lowes.com/pd/Pebbl...I've done it all when it comes to flooring in rentals - LVP, vinyl sheeting, carpet you n...
Noah Bacon
NAR Rule Changes in Full Effect
Now that August 17th has passed, and the new NAR Settlement is in effect, big changes for consumers on both sides of real estate transactions are being felt across the nation. If you haven't bought or sold any real es...