John Matthews
Foundation Repair Question
Hey BP,So I just got my first house under contract (woohoo!) and everything looks good. Rehab is pretty straight forward, except for one thing: there's definitely foundation issues. There's a pretty solid vertical cra...
Michael Currier
Build/Occupy/Lease Contractor Bays
Hi all,
I am a full time engineer slowly building a side business related to mechanical fabrication/design work. I've outgrown my current space and am looking to expand. At the same time I am looking to relocate to...
Ana Doxwin
Tenants Wants to Put in Sod
My tenants have been living a my rental property for over 4 years. When I first rented it out to them, the backyard was just dirt. They now want to put in sod for their kids. I think they may want to DIY this and pay ...
Account Closed
How does age affect value
The comp (there are not many) I'm looking at is smaller and has a unit with one less bedroom but is 35 years newer (1955 vs 1920). I am just wondering how age affects value in general terms?
Pat Cook
Owner put home up for sale, what are my rights?
Long story, short. Five months ago, we signed a six month lease for a home. Owner said she might be interested in selling it later. We thought we might be interested in buying at the time. Had to move here fast, to...
Jacob R. Crosby
Tenant Seems to Have Moved Someone In, Now We Smell Cig. Smoke
Hey Guys I need some advice!
Good tenant looks to have moved someone into the left side of the duplex we live in without telling us. We see the Car there everyday and night and the new person brought me last months ...
Laurie Slate
Bakersfield But and Hold
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $165,000
Cash invested: $15,000
My most recent investment is a single-family home I purchased a few blocks away fro...
Vlad Popovici
Can you split reno tax deductions across several years? (Canada)
Hi everyone,I have a question specifically about claiming expenses (tax deductions) on "major" renovations/repairs for rental properties, specifically in Canada (but perhaps US has a similar system).As far as I'm awar...
Melanie Baldridge
“How much will I save in taxes this year if I buy real estate?”
Here is a framework to think about how buying properties creates the most tax efficiency for you.
The 6 levers of depreciation:Lever 1 - % of LandOne of the components of a property is land.Land is NOT DEDUCTIBLE, so...
Dana Walker
Canadian Winter building requirements
Hi, I fashion a Canadian winter! Having really wanted to move to Canada for a while now, I am wondering what some of the extra requirements are to building in northern British Columbia. What are some of the added cost...