Ken Virzi
Lead abatement wants to re-replace my new windows?
I just finished a rehab of a duplex in Cleveland and moved in a tenant. The city shows up and sticks a notice to vacate because some previous tenant years before I bought the place claimed her kid got lead poisoning. ...
Tyler Baldwin
Did the Coronavirus convince more people to get a Cost Seg Study?
2 Big Reasons Why I Think You Should Give Yourself a COVID19 Stimulus Package with Cost SegTreasury Secretary Steven Mnuchin extended the Federal Tax Deadline by three months. Which means you now have until July 15th ...
Leonard Rybak
Why so much inventory for Rent in South Florida. is it bad to invest???
Hi all, I am interesting in purchasing a property for rent in south east Florida, mainly Hallandale, Hollywood and South Beach. I have notice quite a tremendous amount of properties listed for rent on zillow and th...
Jake Hughes
Cost Segregation Study
Called my CPA and they mentioned that aside from tax write offs we can do a cost segregation study on one of my properties. What does this mean?
Mary Jay
how to calculate the tax after a sale of a rental
Hi guys,Can you please help me out?I am in a 30% tax bracket (not sure if this is important)I was thinking of selling 2 rentals.1) Rental 1. Bought in 2009 for 25K, now its 100K2) Rental 2.Bought in 2021 for 145K, no...
Priscilla Avery
Starting out, starting an LLC, cost segregation
Newbie here and looking to start investing in Reno, NV or some other easily drivable area close to the Bay Area in CA that has properties not expensive as in the Bay Area. I cannot afford to start here.
BRRR is wh...
Tiamo Wright
For or against fridges with water and ice makers?
I was chatting with a property management company and they said that they recommend that if a unit has water and ice maker on the door to switch that refrigerator with one that doesn't. Their point was that most of th...
Chris Youssi
Debt paydown / cash flow or both?
So... market is clearly shifted towards a sellers market but that doesn't mean landlords cannot take advantage with current holdings. My thoughts have shifted as I age toward retirement so here are some of my previous...
Ozzie Konar
First investment home- how does this deal look?
Hi; I just bought a 2 family home with the following numbers; Purchase price $70,000Down payment 25% Total cash paid: $26,0002 family home, both occupied. Rent collected : $1575Total expenses (mortgage, utilities, ta...
Chad Duval
For a cashout refi - Are all LLC expenses incleded in P&L?
Hi all! I have a question about a P&L and a trailing 12 for an apartment building. I currently have a personal loan that I used for a down payment on an apartment building. The apartment building is in an LLC and ...