Here's an email I had to forward to my property manager... and it made me so glad that I don't have to deal with this:"There is a trailer parked in the alley by the your sixplex. They have put up no trespassing signs...
I just bought a two family with a very damp basement. I put a dehumidifier down there but one of the tenants asked about which unit's electricity it's plugged in to (answer: I don't know but will be checking tonight ...
I have a question about wholesaling. If I structure my deal with an assignee or do a double close on a deal, is there any way that I have to pay a capital gains tax? Or is it straight income tax? I have an LLC set ...
Hello everyone,I looked at a 2700 sq. ft. property today and I need some advice on utilities. I'm trying to break down expenses to get an idea of cash flow every month. Currently the building is vacant. It has 8 units...
My in-laws had a property in Fort Deposit Alabama that was lease to DG for a couple of decades. Without advising them, Dollar General built a new store right next door to their store and now we have vacated 8000 squa...
Good morning I completed my first 1031 exchange in 2019 however I am no being told by the CPA we incurred a mortgage boot due to not purchasing a property of similar sales price.
Property sold $1,200,000
Payoff $70...
Hello all- In an effort to work toward comfortability in pulling the trigger on my first deal I am analyzing several local deal (in Westchester County, NY). I came across this 3-Family for $350k. Seems below the aver...
I'm about to place a new tenant in a property that I would like to sell within the next year. I'm sending him the lease in the next week. I would like to offer an option to purchase, but I've never done this. -Do I pu...
I've been using Turbotax for years but it no longer supports my situation. I completed two flips then rented the homes. Turbotax asked if I "materially participated" and I said yes, but they don't support this scena...
Which one would you pick for attracting seller leads ?I been running an AdWords Express campaign with a higher end budget. It has been quite disappointing with low quality leads. Not to mention the lack of Analytics...