I have a medical building in Los Angeles Had it for 15yrsWould like to retire soon and looking for best cash flow Owe 200kRent is 7000 monthlyHowever property is worth 1.7mWould like advice for cash flowwould it be pr...
I got the inspection report for a turnkey property I am considering buying. There was one item listed in the 'Major Item' section. See language below along with pictures:"Horizontal cracking on East side of basement. ...
Hi everyone. We may not be able to get our STR in to service in 2023 as we had planned. Are we able to take the expenses from 2023 and roll them into our 2024 taxes? The largest expense we've had so far is the new ...
Hello everyone,
Looking for a thoughtful exit plan from land-lording. Been at this business for 20 years and there is more to life than wearing maintenance and cleaner hats al the time. This was originally a 5 year p...
To the companies that are syndicating and LP investors: What are your thoughts on cost segregation studies? 1. Do they save your investors money over the life of the hold?2. If your investors are W2 emloyees, how do y...
I am wondering if some could provide a simple explanation, or point in the right direction, to help me understand what types of Syndications or other forms of joint but passive ventures qualify as the 'reinvestment' p...
I just finished reading Buy and Rent Forclosures byJoseph Neilson.
Mr Neilson advocates stripping houses of central air, garbage disposals and many other amenities in order to eliminate maintenance costs.
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So I recently took on a new roofing company to do a big job on my home duplex. I have never worked with this company before. We agreed on $10,800 to cover my box gutters, shingle over them, repair or replace the fasci...
Simple question...
This whole time I've been using my personal agent to look at properties and put in offers, but I feel using the listing agent to look at properties and put in offers would be better, and ju...
I have a SFH with equity that I will be selling and 1031 exchanging for a commercial/mult-family property. Can I legally syndicate the new acquisition, and if so, will this just create a tax accounting nightmare?Ahmed