Hello everyone.I've been scouring the internet for a while and I can't seem to come by depreciation. What an accountant has told me is that depreciation can stack year over year if you have excess leftover. For exampl...
Ok, so I'm doing what I've been coaching and doing for 30 years. ;-)
BUY OFF MARKET IN 2024 ! So, what's the trick?
People with properties that want to sell, have excellent interest rates, they're just not on the M...
Hey, all. Question for you experts...
Can a tradesperson build their own home in Minnesota, live in it for several months, and then sell as new construction? We are looking at a property that was being built by someo...
Hi All, First post, long time lurker and I haven't been able to find a post that addresses my situation.My dad owns a 4-plex multifamily worth about 180k. He owes about 90k on it and around 13 years remain on the mort...
The link below is to a proposal I am putting together. I'm trying to make it as compelling as possible. My obvious intention is to attract new investors. I'd appreciate any feed back and guidance. Thanks again the hel...
This is kind of a two part question. I own property in 98404, 98002 and 98038. I have under contract a house in 98042 which has seen a 14% increase in prices since this time last year according to Trulia.I am having s...
There’s an old saying that says laugh and the world will laugh with you. Fart and stand alone. After 20+ years of buying, selling properties and having several tenants from Hades, I wanted to share a couple of thought...
Here's my question......I just got a roommate. He pays $425 plus half the utilities. He rents 2 bedrooms from me and a garage space in my single family home (4 bed/ 2bath). My question is on the best tax strategy for ...
Interesting situation: I have an offer in on a probate property. Property is in foreclosure. No equity in home and a special administrator has been assigned by court as the PR. Thus this deal would be a short sale. Ad...
Hi BPers, I have a condo in NYC, and I have been lucky that my tenants of 6 years have been paying throughout last year. But no surprise, they want to move out when their lease comes up this year in June. my building ...