Have you ever taken a house made it into a duplex or triplex? What about having a detached garage converted to an apartment or a small house? What about moving a large garden shed on the property finishing it out and ...

I've recently started a direct mail campaign targeted at "nuisance" properties.  Properties that have received Nuisance Citations from the city. Although I've had  success with previous mail campaigns over the years t...

I am VERY late to the game on this one, but does the 2% rule actually work in Chicago in A and B neighborhoods?? If I understand correctly, a $300k property should rent for $6,000/month? This sounds like high ren...

I purchased a 14 unit apartment complex back in December. With it I inherited 13 tenants. 11 of the units are 2 bed 1 bath, same square floor plan and amenities. The tenants I inherited pay any where from $460 to $620...

Hey guys,
I feel like Ive always struggled with depreciation concept...
So, Ive been googling it, and here is what I found:
Let’s say you buy a single-family home for $200,000. The tax assessor’s estimate of the la...

Ignore the title of the post, please. I can't change it. Hi, As I research structuring, I have a few questions.   Any help is greatly appreciated.  Assume a sole prop Owner moving property management to member managed...

So here is the back story.  I bought a tri-plex in 2005 located in Mankato, Mn while I went to college.  The property had a grandfathered rental license on it.  This worked great for a couple of years, my roommates' r...

Hi! I recently went to a RE conference and there was a company there called Platinum Trust Group (platinumtrustgroup. com) that told us about proprietary irrevocable spendthrift trust.  Basically, they're saying that ...

I have 4 tenants that are roommates, that are sharing an apartment together in Philadelphia, PA.  One roommate is complaining that the others are: Threating herMoving her stuffNot allowing her at all enter or exit the...

I purchased a multi unit property ,the  renovation was included in the mortgage my question is ,when it is asked on the tax for depreciation the purchase price do i use the sale price of the property or do i use the s...