Jeff J.
depreciating laminate flooring
Carpet is depreciated over 5 years and new hardwood floors are permanently affixed to the property so it should be depreciated over 27 1/2 years. What about laminate or engineered wood flooring? Looking online it is...
David V.
How to deduct painting expense for a rental property
This is a two part question1) If I hire a painter to paint an entire inside of my rental house for lets say for $3,000 would this be considered a repair expense (improvement) that needs to be depreciated or would it b...
Joe Trevor
Buying Commercial Property on an EPA Superfund Site?
Hello,
I own a company in Denver and am seriously looking at purchasing a particular office/warehouse in town. The issue that has come up is that the unit sits on an EPA Superfund site, which they say has bee...
Leo Arcano Jr
Longview Wa
Looking into investind long distant in Longview? How is the area around Lower Columbia college . Do alot of out out of town kids rent in the area ?? How safe is the area? Would you rent there?? There are so many prope...
Ryan Runchey
Setting Up & Using Quickbooks Online for Rental Property
Hi Bigger Pockets,
I purchased a condo in the bay area this year living as an owner-occupant with housemates. While it's not a big fixer-upper, I am renovating - three steps in with BRR!
I need help with Quickbooks...
Jacqueline Clark
Tenants rights for the landlord selling the property I live in.
My landlord just informed me they are selling the duplex I live in. My lease is up in December. I am wondering if they can break my lease if they sell the property. Also, The landlord is scheduling viewings without ev...
Neil Cronkrite
What cash on cash would you accept for a low IRR?
I've been underwriting deals this week where cash on cash exceeds 12%, but the IRR on a 5 year old is around 10%. This would be an absolute triple net lease outpatient surgical center. For those who have invested (or ...
Mike Gotti
What To Do With My Moneys
So I’m 21 years old and in the navy and just passed my one year mark of joining. I have about $30,000. Saved up right now. Have about $20,000. in a money market savings account @.80% and about $3000 in max $3000 balan...
Blynn Keller
1031 for vacation rental?
I am currently in the process of selling a property and will be re-investing the proceeds. I will buy another local property but am considering using some of the funds to buy a vacation rental as well. I would use the...
Zerick Owens
Pros and Cons of Hard Money
We want to use a Hard Money Lenders but we are not knowledgeable about the pros and cons. can you advise