Hello, I purchased a house as residential rental and started depreciating the property over 27.5 years with cost basis of $100,000. According to the depreciation rate table in the IRS form 4562 instructions, the dep...
Can anyone suggest a good customer service oriented Self-Directed IRA Company? I have just spoken with Equity Trust and in addition to their annual fees, they charge additional fees for such things as wire services. ...
I have a few rentals, but I am considering doing my first new construction project on some land a business partner owns. Everything else works for the deal, if I can find a reasonable and cost-effective way to get sew...
I have a tax-related question. I acquired an additional property in October last year and incurred rehab costs in the last two months. Since it’s not my first property, I think I can deduct operating costs on Schedule...
I just off my second call with WCAP Financial Services.
Long story short, the salesman become combative when I questioned their sources of funding. I requested multiple times to get an explanations and clarity of ser...
im a fan of rentals. i like the cash flow monthly. i have a property free and clear and i want to use the equity to obtain a second property. the reason i want a second property is to get the cash flow again. ...
Hi all,
Just want to learn how to apply for a business line of credit at banks. What's the requirements? Two years business historys and what else?
Is there anyone who can give me reference which bank being recomm...
Hi all,Looking to hit the ground running after being recently licensed. I have read a few older reviews on here regarding RexX/LandVoice/etc. but none seem to be too recent. Anyone recently use one of these tools? ...
I just bought a duplex rental property in Albany, NY. It is an older house - early 1900's. The previous owners had a PM company managing the house, but nothing was ever updated and any repairs were just a band-aid. ...
hello BP, its been a while since I've made a post. Cant imagine what i would do without all the great advice and information from here! thanks everyone! with that saidSo, Im looking to close on my 4th duplex in Octo...