Jennifer Hashisaki
Five Ways to Make Money from Your Condo
With more and more people looking for every opportunity to make money, some condo owners are discovering new and creative ways to earn extra cash. Condo.com outlines five of the most popular methods used:
...
Alex U.
Cost segregation years after
IF a property has been purchased a couple of years ago, and a regular depreciation was taken for 1 yeaer, ( ie. 27.5 year depreciation), in year 2, can you do a cost segragation, and take the bonus depreciation in the...
Gary Jones
Selling: attorney for less than $100 - legit or not?
After we put our property on sale, we started receiving in the mail offers from local attorneys, all below $100. At the same time, 2 minutes' research shows that the regular cost is above $500, and that's the ballpark...
Christine Mwai
Pest control....do you do it or do your tenants?
Hey BP....Wanted to find out if you cover general pest control or if you word your lease for tenants to do that..thanks.
Patrick Philip
What is the best way to do security system for rehabs?
I am just getting in to rehabs. I want all of my rehab properties to be under security camera surveillance, both inside and out, during the rehab and while it's vacant.I know where to buy cameras, but I need some spec...
Anthony Kenmore
General property maintenance
Hello all!
I'm looking to rent out a property and the property has a pool. How would I ensure that it continues to get properly maintained? I can't force someone to use a specific service can I? If so would it be in...
Joe Spinelli
Real Estate Professional - 750 hour question
Hello everyone! I know the criteria to be a RE Professional is 750 hours in RE and more hours in RE than any other job. My accountant told me that I need to spend 750 hours PER PROPERTY which does not make sense. H...
Dave Ketcham
Maintenance request from tenant
Our most recent purchase is our first single family residence, so we are still getting used to the different maintenance requests that we are receiving from the tenant. Most recently, the tenant is asking for:1. The...
Brian Morgan
Me big W2, spouse RE pro. How write off 1/3 LLC losses?
Sorry for the Tarzan title, but I think it covers the bases. So I’m a W2 wage earner in the 33% tax bracket and my wife, who has no income, logged 750 hours on our rental house last year to qualify as a real estate pr...
Dakota Harmon
Are there specific clauses in a property management agreement to be mindful of?
Here are some topics in an agreement that have my concern:
- Waive the requirement for approval from owner for any repairs or maintenance of any one item under a specified amount (one company is asking for $600…). Th...