Aaron M.
When to authorize after-hours calls to plumber or electrician?
I live in California and have a "professional renter" (he is very knowledgeable about the lease and laws and acts strictly within those bounds - I perceive him to be a potential lawsuit threat) in my rental property. ...
Bryan Hancock
Depreciating Land - Legally?
I ran across this article this evening when I was researching some other tax matters:
Who says you can't depreciate land?
The basic procedure seems to be:
1. Split the improvements from the l...
Chris Pelley
Where to park cash between sales
Hello,My wife and I will soon be collecting net proceeds from a home sale in the 5 figure range. Our plan is to sit on the money for ruffly 6 months while we deal with some other financial things before re-investing i...
Shawn Mcenteer
Being Remembered
I have been hosting open houses weekly. Most home seekers coming in will visit many open house during the day. My question is what are some good tips/ strategies to be the Realtor that stands out at the end of th...
Anthony Galante
Tenant breaching their lease contract
New landlord for a few months now. I am also new to this forum so I want to say hi to everyone here. Heard great things about Bigger Pockets and love listening to the podcasts. Looking for any landlords who can help m...
Sean McCluskey
Different interest rate with co-signers?
Hey BP!I have a question: I bought my primary residence in September 2018, and needed to have my parents co-sign on the loan because I didn’t have 2 years of work history in my current industry.I had to switch mortgag...
Amy H.
First time BRRR & landlord advice.. teach me!
My fiance and I just closed on our first rental property this week outside of Richmond, Virginia. There’s a bit of renovation to be done before we get a tenant. Our goal is to finish renovations in the next 4-6 weeks ...
Ben C.
BRRRR STRATEGY QUESTION (REFINANCE)
Hello,This is a question for those that have already applied the BRRRR strategy….What does the bank look for in terms of leverage when giving you a 70% LTV with the new higher appraisal price after rehab? Assuming yo...
Nick Mace
What's a Fair Notice for Evicting Tenants After Purchase?
Hello:I've just closed on my first IP (4-unit) in New Hampshire. I need to do some renovations/updating that requires vacating all the units, and I'm wondering what a fair amount of notice would be to prevent the cur...
David Mcginnis
effect of UDFI on distributions
If my SIDRA (regular/untaxed contributions) pays UDFI tax, what happens to distributions from the IRA? Do I have to pay tax on that income again or do I now have basis in the IRA?Also, I think I understand that bonus ...