John Thedford
CPA Responses Please
My local CPA friend HATES 1031 as well as cost segregation. So, what are the downsides to doing a 1031 exchange? Are there any particular don'ts that would have a negative impact later such as borrowing a lot more tha...
Dick Rosen
Bed Bugs... who is responsible?
I just had a Phoenix tenant report that she has bed bugs. She said she has thrown 3 beds away trying to get rid of them. I suggested that they probably followed her from the apartment complex that she came from and na...
Luke Carl
Scratched Floors do I charge?
Hello super hosts.
Had a guest check out today and the scratched the crap out of my gorgeous hard wood floors with what looks like broken wheels on a suitcase if I had to guess.
Do I file a claim for this or is th...
John Jamin
Buy a MFH now? Wait? Help!
Hi all,
I'm 33 years old (about to be 34) and I work as an Administrator in a school system making 125k a year. I just started and I have only been at this position for 3 months now. My situation is a big complicate...
Cliff T.
How to use fiancee's HELOC for purchase?
Hi all,I am closing in on a deal and will be using my fiancee's HELOC (she owns the current property we live in) to fund the entire purchase, no loan will be used. What are my options when purchasing using the HELOC u...
Joseph Delia
Tax Treatment of Business Use MIL/Condo/etc
So I am self employed as a consultant in a business other than real estate (I also have some rental properties that I own and operate but I don't believe they are relevant to this question). I bring in a decent reven...
Franky Maslim
Buying a condo for corporate rental housing
Hi BPers,I wanted to get your opinions and/or ask if any of you guys have experience with buying a condo and making it a rental corporate housing. Is it profitable? Is it too much hassle due to rules, restrictions, et...
Account Closed
OBJECTION: this sounds like a scam.
Today when I was cold calling I got this objection " this sounds like a scam" how would you handle that objection?!
William Avery
Can this deal be salvaged?
Can this deal be salvaged? A few years ago I purchased a house from HUD, did a complete rehab and then sold it with seller financing. After ~6 months I sold part of the note putting my remaining part in second positio...
Raymond Brown
Management of AirBNB's by the room
Happy Halloween Everyone,Quick question:Anyone here have AirBNB's that they rent by room? We have a 3/2 home near a growing downtown and university in Johnson City Tn. We are going to try the AirBNB route for this pro...