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Can anyone explain accelerated depreciation and when to use it? Any other awesome tax benefits to discuss?
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We rented our house out for the first time ever starting last November. The tenants seemed good on paper and wanted to sign an 18 month lease which we thought was great to have it rented for so long. We had a water ...
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I'm about to go straight from renter to triplex owner-occupant. I'm an exceptionally fast learner and have at least average coordination, so I love the idea of learning to do as many things as possible myself.
If I w...
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To make the answers unbiased for either side, I would like to ask this question both as a tenant and landlord. Please be impartial in your answers and answer as if you were both the tenant and landlord as well.
Are t...
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I have some tenants who live in the upper of a duplex. The basement is shared with a separate outside enterance. I asked the lower tenant (daughter of upper tenants) to move out at the end of August which did. I ju...
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Hi all,I think I got some advice on tracking expenses and such when I started out, such as "never pay in cash, always write a check" etc. I was hoping to get some better defined guidance from the community.1) For the...
Hi folks,
I am house hacking. I live in one half of my duplex, and my intention is to hopefully rent my apartment one day. My bathroom is HIDEOUS, and I'm planning the best reno for it. I am stumped by the window. It...
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I need your support! I recently came across an Absentee Owner/Turn Key Motel Lodge opportunity in Eastern Colorado. I know this offer is not standard Multi-family investment, yet I ran the Rental Calculator.As a Multi...
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Hello Everyone!I am a college student majoring in construction management in Grand Rapids, MI and have recently realized the endless possibilities that the Real Estate industry has to offer. Truth be told I have not b...
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Hi BP,I hope you are all doing well. I have been looking at properties across the South Shore and a lot of them are full of lead paint... It has been a deal breaker for us because we are looking to rent the properties...