Adam Hurst
My mistake - looking for solutions
Backstory - bought a property in which the owner left behind all appliances. They left a washer and dryer combo. I never supply washer and dryers as I know the issues that can come up with these appliances. My intenti...
Justin McDaniel
Heat Pump Pricing
Hi all,Looking for suggestions on a 1.5 ton heat pump replacement for 900sf condo. From my research (google), it seems I should be finding pricing close to the $3k range, but so far two quotes have come in ~$5,600, a...
Takahito Torimoto
Questions on Section 121 Exclusion for Primary Residence and Capital Gains Tax
I understand that the Section 121 Exclusion for Primary Residence allows you to sell your Primary residence and not have to pay ANY capital gains taxes on the gains/proceeds - as long as you use those funds to purchas...
Adam Yellin
Renewal with an out clause
So I've got these tenants right now that are perfect but unfortunately are going to lose them at some point as they are trying to buy a house.They want to see if they can give us 90 days notice moving forward as their...
Brian Medansky
Roofer Recommendation Chicago - Lakeview/Roscoe Village
Hello all,I need to replace a roof on my property on the border of Lakeview and Roscoe Village. It's a gable roof with regular asphalt shingles. I knew I'd need to replace the roof soon after buying it in 2018, and th...
Carl C.
Electric Dryer recomendations?
Hi everyone, The 20 year old dryer in our rental house died last week. I'm not required to provide a washer and dryer in the lease but since we had it there we'd like to replace it. The house is a student rental so I ...
Talley Haines
Clean and paint cabinets or buy new ones?
Anyone have a ballpark figure on the difference in sanding and painting old dirty cabinets vs buying cheap cabinets from local big box store? This is for a b/c rental property renovation.
Mike Flora
1031 purchase replacement property below market value
Can this work for a 1031 exchange and how would this be taxed. This is an example below but easily could be done in the future of my business.
I️ sell my free and clear property for 100K, which is what it appraised f...
JT Spangler
Replacing galzanized plumbing?
Got a 2/2 cottage under contract, and the inspector reports that the water pressure and drainage is not great because of the original galvanized pipes. This isn't a job I've tackled before, so my questions are:(1) Wha...
Martha Maxim
buying green houses
What is a green house? I heard it is good to buy them and I know it doesn't mean ecological.
Also what is 1031 exchange and what is the advantages of it?