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Are turn key properties good or bad for new investors
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Hi everyone I'm curious to everyone's opinion of the United States economy/dollar and its relation and effect to the rental market if the federal reserve don't raise rates and eventually collapse the dollar.For those ...
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I wanted to jump into multifamily investing since last year during quarintine. In February 2021, I closed on a triplex in Columbia, SC for $155k. It was not in the best shape structurally but had three tenants paying ...
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Hi All, I'm trying to wrap my head around planning for capital gains and depreciation recapture if I start to sell some appreciated property within the next few years. I'm also trying to determine whether to take acce...
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My hot water heater has a leak, I had a plumber look at it and they couldn’t find the issue. It’s 14 years old and they quoted me $3000 to replace it. This is Apple wood plumbing, I live in Thornton Co. It has a 10 y...
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I ran across this article this evening when I was researching some other tax matters:
Who says you can't depreciate land?
The basic procedure seems to be:
1. Split the improvements from the l...
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Hello I am thinking about buying a 2 family multi in NJ. This would be my first rental property. The place is great, not a lot of work needed. The only real problem is the current tenant.
She has lived in the ap...
I'm pondering a few different options about how to use my money right now. One option is to invest in another rental property. The other option is to focus solely on paying down debt. For the purposes of this thr...
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One of my best friends is getting a divorce and wants to walk away from his home (he's in Minneapolis, I'm in San Diego) but it's currently valued at
130-40,000ish and he owes 160,000. I want to help him by wholesali...
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How will deflation affect the property market and what should an investor do if it does brew its ugly head?
Why are economists talking about deflation when so much money is being printed by governments all over the ...