Client's building burned in fire. Residential rental property. Fire occured on 10/01/2020. Cost: $400,000Depreciaiton: $120,000 up to 09/30/2020Insurance paid $635,000. Assume no Salvage value.Insurance payment w...
I have a client who owns a lot in booming East Austin that can be subdivided into 2 lots where he can build 2 duplexes (1 duplex on each lot). He owns the lot outright. My question is what is the best financing stra...
I'd like to share the success that my client had with his most recent flip. We provided the fix and flip financing for my client who bought this home in Anaheim, CA last year for $368,000. He got bogged down and slowe...
My client had been in contract with a seller who had won an auction bid at a sheriff's sale. Half-way through the AR period, he raised the price by 4K stating that due to holding costs with the sheriff, blah-blah .My ...
Hello all.
I have a very confusing situation that requires your expert opinion. Bellow I will itemize it hoping to receive some direction.
1- My client bought a commercial property 30 yrs ago for $250K....
Anybody have any experience in this area. I'd really like to find more information on this. Please reach out to me.
Should I be saving my receipts when I attend local meetups for a tax writeoff?
Being a landlord comes with various challenges and responsibilities. To manage properties effectively, ensure tenant satisfaction, maintain the property, and handle legal matters, hiring a property manager who is a ...
I've been shopping for DST's - got a typical one sent to me, and analyzed the numbers, and compared it to simply buying a totally well-managed replacement residential income property. The difference? One immediately...
No, I don't work for Allstate haha but wanted to share that their pricing algorithms seem to be giving the lowest quotes on 2-4s in chicagoland area right now. One of my properties went down $1400 a year and another d...