Brian Scott
Cost Segregation on a Personal to Rental Conversion
The tax publications say when converting a personal home to a rental, the basis is the lesser of the FMV or adjusted basis. 1. Is there any rule saying one couldn't do a cost segregation when converting, to bonus depr...
Tom Kidd
Profit distribution and Operating Agreement Question
Hello all! I'm Tom Kidd and live in SW Ohio. I'm an attorney, more of a litigator than a transactional guy, but interested in becoming more of the latter as I get old and want to stop fighting with all those young tur...
Adria T.
OWNERS Feedback On Property Management? ( MINI- FOCUS GROUP)
Hello,
I have been the VP of Operations, Director of Operations, Condo Division Manager and Property Manager for some of the largest companies in my area. Including smaller brokerages that I personally have grown to...
Michael Clark
Would you pay for this inspection service?
Landlords- Would you consider it a valuable service to receive a periodic report, summarizing the condition of your rental property, along with pictures, right to your inbox? This could be a simple drive-by exterior i...
Jorge Roman
Looking for Turn Key Investor Advice
Hi BP gang,I'd love some advice on a product I want to continue development on. I work with a maintenance company that removes the need for maintenance coordination in any operation. Self-management or management comp...
Lisa Tam
Rhode Island Non-resident Landlord Filing
I just purchased a multi family in RI and they have a law that requires me to file a non-resident landlord filing and assign a registered agent that is in state. Does anyone have any experience with this? I have a f...
Gary Freidman
Looking for Pest Control Company
I have had trouble finding a reliable pest control company for mice and general bugs like roaches. Does anyone have any recommendations? I own on the southside of Chicago. Part of the issue is that I think one of the ...
Mica Moore
Property Management Company choose expensive vendor without approval
House was my primary but I moved out of area for a job offer. Turned it into a rental property & bought a new primary in new city. Hired a PM, who hired & arranged for a move- out cleaner. I get the bill a mon...
Florencio Nayve
Converting Traditional IRA to ROTH IRA then to SDIRA
Hello Everyone,I'm planning to buy a rental property using a SDIRA. My questions: Is it better or a smart move to convert my Traditional IRA account to a Roth IRA before I convert it to a SDIRA? What are the pros and ...
Abraham Bar
Best xash out lender
Hi everybody, I'm buying a triplex in stockton, CA for cash. I'd like to do a cash out loan ASAP. My understanding is that this would not be a commercial loan but a regular non owner occupied mortgage. Non sure wh...