Jeff Elwood
Owner Occupancy and a Bad Situation
I'm in a rough situation. I bought my single family house in December with the full intent of sticking it out and making this place my home. I began improvements, and started making friends in the new area. My heal...
Account Closed
LETTER OF INTENT TO PURCHASE
Doing FSBO on a residential property, sales price less than 160K Which is better for me, as seller, to use, this Letter of intent to Purchase or, the Agreement to Sell and Purchase in the other post? What needs impro...
Wayne P. Schoenberger Jr.
What does a "Specialty Contractor License" mean to a customer?
If you are in the market for anything construction and you're on the path of finding the right contractor to perform and complete your project, whether that is (i.e. electrical, plumbing, specialty contractor, concret...
Rick D.
How Exactly Does a FHA 203k Loan
Can anyone point me to a narrative that explains exactly how a FHA 203k loan works? Is the process flowcharted out anywhere? How much repair can be financed? Do you make IO payments during construction? etc.
Thank...
Sweta Jain
Buying house in San Diego
Hi,
I am looking to buy a 3 bed single family house with decent schools in San Diego. Budget is about ~900K and looking at places which have good appreciation (and less risk of depreciation) in San diego. Currently I...
Connor Dunham
Negative $150 per door cashflow to positive $200 per door. Too optimistic?
I purchased my first property back in January. I waited to post until I had a good record of the utilities and expenses. The property is a 3000 sf side-by-side duplex built in 1985 near the university and hospital her...
Account Closed
Advice for a new owner contracting with project management
Hello, We recently bought a duplex in Minneapolis and hired a local management company to rent out the apartment and manage (we are out of town). Recently, the owner (me) got a bill for $600 because they added blinds ...
John Blackman
Form 8908 - Tax Credit for Energy Efficient Homes
Is anyone aware of how to qualify a home you built as energy efficient via this irs form?
http://www.irs.gov/pub/irs-pdf/f8908.pdf
My tax accountant mentioned this to me and this is the first I've heard of it. Aust...
Adithyan Adhi
How to pick the right interior fit-out company for your property
No matter if you own a residential or commercial property, maintenance is a constant. Your property benefits greatly from regular maintenance. It can improve the walls' stability. It can also alter the ambience in the...
Jeff D.
improvements to a leased biz space
I lease a retail space. First year. I put about 20k into remodeling the space this past year. What's the best way to account for that expense on taxes? It's commecial, and I don't own the space, just the biz...