In March of this year, we acquired title to a property in St. Mary's county, Maryland, through a tax lien foreclosure, paying about $40K. The prior owner, a mentally-challenged man, had died in 2018 while in long te...
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Hi there, While finalizing my 2018 taxes, I found an error on my 2017 Schedule E, Depreciation calcs.In 2016, my accountant used the straight line depreciation method for "Appliances". The following year, I used the ...
Is there any acceptable clause or stip to allow for making multiple simultaneous counteroffers, such that only the highest response from the buyers will be binding? I recognize this is where "highest and best" come...
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Hi I lived in a house for 1 year and my lease is up. I talked to the owner about doing a land contract and he is really considering it. He told me to write a written offer and give it to him to review it. The house is...
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I am in the beginning phases of putting my business plan together. My goal as far as an investor is to acquire a few houses both SF and or MF then start to get into buying and flipping houses. This is just a thought I...
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Hello All,My question has to do with how to find a trustworthy Real Estate Agent. My wife and I are currently looking to move to another state this summer and are hoping to secure a multi-family property that we can "...
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I'm about to purchase a vacant house to rehab in Texas (it's owned by a friend who received it as part of an estate) - any leads on where I can get a vacant house insurance policy. Called a few insurance companies (na...
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I have some long-term tenants who are month-to-month, and I've never raised their rent. I need to raise it now, since it's significantly below market. Two questions about this:* Does raising rent require signing a new...
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When I refer to a new partner I mean a future spouse (fiance) who I will be investing with. My goal is to be able to deduct business meals, travel, etc. that we already commonly do. I currently work in energy consul...
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What is the Best Way to Fire a Client?