Hey guys, I have been learning about real estate since high school and I am currently 21 years old. I have been saving for a while now and have about $32k to put down for my first property. The problem is that I worke...
Hey BP community! I just closed on my first property and I am in the process of getting things set up for property management. I met with a couple of different companies, and feel like I know who I am going to go with...
My showing manager takes a cut from all the application he receives Is that a legal agreement? Basically, the application costs 30.00 - it costs 10-15.00 to run all the checks.. and then he takes the remaining 15.00
Hi all.
When in a property, I noticed that a tenant had an unapproved cat. I didnt mention anything. Now, they moved out and the new tenant said he's allergic to pet dander, which the carpet now has. I have to repla...
I've been a landlord for a little over 2 years now. Had to charge my first late fee today. I want to make sure I got it right, since the lease agreement I used for this tenant was a standard form and it's not exactl...
I'm building a spreadsheet, and I'm stuck on a part I'm not quite sure on:
Basically, I'm asking if dividend recapture amount is realized only if there's a gain on sale, and if it's dollar for dollar (e.g., $1,000 i...
In my area, water providers are allowed to place liens on the property if the bill is unpaid. I've had tenants skip out owing water bills. So, on the most troublesome property I've kept the bill in my name and requi...
I have no intrinsic interest in real estate. My interests, in order, are:
1. capital preservation
2. stable returns
3. yield
So why am I here? Because I think unleveraged residential rental real estate in middl...
Dollars are doomed. Well maybe the fears of de-dollarization are a bit inflated (like everything else!) but more out of a lack of options than the strength of the currency. The harsh reality is that the United States ...
IRS peeking into your income, Realized Cap Gains Increase, UNREALIZED CAP-GAINS TAX, DEATH OF THE 1031 EXHANGE AND MORE!!!
(I AM NO CPA AND THE FOLLOWING ARE MY VIEWS BASED ON MY INTREPRETATION OF THE ATTACHED DOCU...