Dan Molouski
Need help with irs form 4562 and schedule E
I bought a duplex with a partner in Dec 2011. I had some help from a CPA doing my 2011 taxes and was hoping I could use it as a template for my 2012 taxes but I'm confused on the use of the 4562 form for schedule E. F...
April G
Help! Stumped on Colorados Contract to Buy and Sell!
With 16 pages on this, lots of unnecessary stuff. But line 144 what is the difference between "Due on Transfer-Strict" and "Due on Transfer-Creditworthy"? And as an investor which one is better for me?
Also line 57...
Easton Enge
Determining Duplex ARV
Do you do it the same as you would for a single family home? New bathroom adds $X value, new kitchen adds $Y, etc.
Richard York
Canadian HELOC vs US Mortgage
Hello,
I'm a Canadian investor and with a short sale about to be approved. This is my first investment property and I've got a US lender that has pre-approved me for a mortgage with 30% down, 5yr fixed, 30 yr amot a...
Kim H.
Cost to Separate Water Meters
I finally got an answer today on the cost to separately meter my intended 9 unit MF property...$8000 per meter just for the capital recovery fee for the city. Then add on any installation charges. I was shocked t...
Mark Koontz
Chase Business Credit Card Reporting On Personal
A little under a year ago, I got a Chase Ink Business Cash card under my LLC to finish a rehab. Everything I read at the time (and still read), is that Chase Business cards do not report to your personal credit UNLESS...
Josh VanAusdale
Initial Investment Property
Hello everyone,Seeking opinions on initial entry into the real estate market. I’ve been researching the past 6 months or so and I feel like I’m ready to make an attempt. I wanted to get an opinion from anyone who wo...
Sharad M.
Inspection response
Hello all,
So after the inspection on a 4-plex, we sent the following response to the seller:
1) Repair/replace main plumbing waste line that is backing up and leaking in the basement.
2) Replace water heater that i...
Samuel Babs
WATER FOR MY RESIDENTIAL PROJECT
Hi All,I recently bought a land in New Jersey for a residential development. I have been unable to get water for this property from the city. I don't understand why the city refuse to give me water, which is hindering...
Brandon Elliott-Pandey
What is the BEST way to TAP into Equity???
Will make the long story short here but if you want all the details feel free to read the whole story and number breakdown below!I have a rental that was purchased in 2020 and the loan is around ~320k. The comps suppo...