Lynn Tran
Closing 7/21 HELP: Year-to-Year to Month-to-Month?
NEED HELP with this 4plex I’m in contract with and the last couple days of inspection period so I’m needing advice ASAP as I don’t have a lawyer for this situation to advise at this time. Sorry for the long post but I...
Paul Kang
Depreciation taxon rental property
Hello I have a tax question on a rental property. I’ve been hearing and reading mixed answers so I wanted to post it here. Here is my situation.I have a rental property in california. It’s only been 2nd year since i b...
Andy Lam
Rental property placed into service a second time
I have a rental property (a condo) that was placed into service 2004. I started taking the 27.5yr depreciation that year, but stopped in 2010 when it became my primary residence. However, in 2015, I placed it into ser...
Dev Bethanasamy
Taking over a property from a Property Management company
I'm not sure, If I'm allowed to do cross posting, so admins, please let me know otherwise.
I'm taking over a property management from a management company to self-managed. Do I have to make any amendment to the lease...
Sandy Blanton
WDO Inspector Damage
This is the 3rd house this quarter the same WDO inspector has vandalized properties while inspecting. Poking a hole in bad wood is fine, but this is is vandalism or at the very least "defacing." Has anyone else had ...
Meagan Nicolds
Is it possible to get financing without reportable income?
We are ready to buy our first investment property however, we do not have any regular reportable income. Currently about one third of the year my husband worka a W-2 job everything else is usually under the table work...
Brett Dawson
Out of state rental property past taxes filed incorrectly
I currently live in the Cleveland, OH area and I have an out of state rental property in Chicago. After becoming a student of BiggerPockets, I think my depreciation and some other deductions haven't been filed correc...
Byron W.
How can I charge Section 8 tenant for parking?
I inherited a section 8 tenant. And they're interested in renting a parking spot in my garage. What's the best way to charge them? Should I just have them pay me in cash? Or should I amend the lease to add the additio...
Rob Sechrist
Cannabis-Use Private Mortgage REIT vs Publicly Traded REIT
Cannabis-use focused publicly-traded REITs such as IIPR have outperformed their non-cannabis publicly traded peers, but there is still the volatility of the market fluctuations of the stock price regardless of the REI...
Yechiel Abekassis
On the title search
Hi bp.I ran a title search and its said "Condo Ass Lien,(not Amended or Rerecorded, 04/25/13, $4510.00 Do i have to account for the time since 2013 or because it wasn't recorded it should be only $4510.00 Thanks for ...