Cindy Tang
Can Depreciation be adjusted if it's not limited in prior taxes?
I have 2 rental properties, Texas and Georgia. I sold one in GA in 2018 (which we purchased in 2007) and didn't do 1031 Exch. Now, the depreciation hit me back as gain when doing the tax report. However, I reviewed th...
Rodney Kuhl
Indianapolis - Appraisal came in low, any way to get it adjusted?
I purchased a property in Indianapolis at a good price ($39k), well below what the comps show for the area ($50-60k for rental grade, $80-100k for retail). However, because the appraiser knew what the purchase price w...
Sam Fogelson
How to adjust the value of the Comps on a Rehab?
Dear all,
I was reading J Scott's how to flip real estate book. How do I figure out the values to adjust the comps? For example, how do I figure out how much a bathroom is worth?
Thank you
Tommy Ray
Adjusting agent skill sets for the new post covid investment age
Agents / Brokers / Property managers sit on top of of a sphere of influence, a myriad of social media platforms, and a desire to excel and secure a stake in life for themselves and their family. How best to parlay th...
Benjamin Paul
Sec 121 for Single/Multi Conversion/Adjust Basis for DIY Work
I'm renovating a large, single damily home in a rural area with high demand for rentals. I have liced in the home 2 years and initially planned to sell tax free via section 121.
Now im considering renting the home fo...
Jeremiah H.
When filing an insurance claim do you use a private adjuster?
I didn't know this job existed until this week when someone told me that was there job. Low and behold I have a water leak in a rental today and need an insurance claim. The whole idea of using an independent adjuster...
Tylere Weaver
What to expect in tax adjustment when buying above assessed value?
when looking at a property and the assessed value is less than the listing price how does one figure out what the new tax rate would be. For example if a 5 unit is assessed for 100k and taxes are 10k a year. The 5 u...
Mike York
Tenants broke up, want to adjust the names on the lease
Hi everyone. I had a bf/gf renting a property and they broke up. The bf left so the gf is asking if I can remove him from the lease. She can afford the place by herself so that isn't an issue but legally, do I wait...
Aliz Raksi
Success with the Just & Reasonable Rent Adjustment Program in LA?
Hello,I'm considering a triplex for buy-and-hold in Los Angeles, whose current rents are 45% below market, but if you could raise rents, it would mean the difference between us having -$200 versus +$1500 in cashflow. ...
Jarreau Jackson
Seeking Advice on Public Adjuster for Property Damage Claim in ATL
Hope you're doing well! I'm currently dealing with severe property damage on a single-family fifixer-upper in the Atlanta metro area, and my insurance adjuster hinted at hiring a public adjuster.
I'm new to this and ...