Recently purchased a rental built in 1910. We had the sewer line scoped before closing so we knew there could be potential problems and that $12k would be the worst case scenario if we had to replace it. Well, we have...
30k in cost segregation just saved us 400k in income tax this year! If you own property valued at 400k each and up and pay income tax, I strongly recommend it.
My first property is officially under contract. It's a small 2/1 here in the Upstate of South Carolina. The purchase price was $72k and I agreed to pay closing costs, which I assumed would be $3-4k... Boy was I wrong....
Hi,
Does anybody know anything about Pinnacle Development Partners, LLC? I saw their ad in Newsweek and the return they promise investors for buying Atlanta foreclosures sounds too good to be true.
Thanks!
Greetings, I started to hijack another thread before I realized this is my own issue. My PM in Denver recently had a significant charge on my statement for a wasp nest removal ($200). Ok, The amount is high, but thing...
My tenant is constantly complaining every month before he deposits the rent amount or after he deposits the rent amount. He has one problem or the other which costs me around $300 - $500 every month, which he is incur...
I will try to be as detailed as possible, and am very open to suggestions. The house is owned by my father, but I currently live in it--basically to help him out of a bad situation. My parents were divorced, he ...
I've been renovating a duplex since June, 2011 (I know. It's almost done.) Had a tenant prior, but it's been vacant since then due to the remodeling. I know I can claim the 2011 deductions because I have rental inc...
I've been considering potentially selling a large duplex of mine in Tulsa, OK but I'm not exactly thrilled to pay 3-6% to a realtor to list it on the market. Can any realtors (or anyone who has done this before) chime...
Hi folks, I just closed a property. I bought it off-market from Sundae.com. If you have not heard about it, it is like an auction. I bought the property based on inspection report. The house has foundation issue; crac...