Hamilton Yu
Haven't been claiming depreciation
What can I do if I did not claim depreciation on some years of my rental property ownership?Is there ever any benefit to not claiming depreciation?If I plan to own a property very long term, would it be more beneficia...
Jason Williamson
Can my partner and I both claim 'Active Participant' tax rebates?
My partner and I (not married, single filers) own a rental property through our LLC which we own 50/50. This is our first year with the rental property and we will post a loss of ~$4k. Through property taxes, interest...
Ruth Hall
Suing for non-disclosure
What are the chances of winning suing the seller for non-disclosure? I bought a flip, renovated and in the market to sell. I was provided a clean owner's FIDELITY NATIONAL TITLE INSURANCE COMPANY policy by the agency....
Jonathan A.
Buying a distressed apartment with insurance policy
Hi. I would like to know my fellow CRE investors of what u think. We are in contract of this apartment building in Kansas City, MO. 6 units, needs a total rehab/rebuild. Fire sale. Previous owner claimed 150k from ins...
Nathan Letourneau
Tax implication for rental - insurance payout-work not completed
Had hail damage to rental properties in 2017. Received checks from insurance for cash value in 2017. Started to get one property repaired before winter, but it will be finished this spring. The other properties have...
Marina Loos
Insurance canceling after tenant fire
Before I go running to my attorney and shelling out more money, I'd like to see if I can get any good feedback or experiences from you guys.
Earlier in the year my tenants burned down my rental property. It was a com...
Erick Garske
Contractor threatening mechanics lien unless his extortion is paid
Originally I hired a contractor in March 2015 for a job that he claimed would take no more than ten days. Three months later in March, he completed 80% of the work and had been paid 90% of balance. He claimed to be on...
Mak K.
Roofing- 5 properties- How to negotiate with roofers
I have 6 properties which got hit by the storm in Houston. My deductibles are $6K range and all properties are 2005+ build, 2000 SF +/- double story.
Location Houston TX
This is my first time working with insurance ...
Linda Roberts
What is the standard paperwork at the end of a tenancy?
Is there any standard paperwork I need to sign with a troublesome tenant who, after long negotiations, moved out on time? Specifically, anything indicating that the lease is completed and both sides have no claims or ...
Jack Judge
Partial Disposition on Property NOT In-Service, Yet???
Here’s the scoop…I have a CPA, but he didn't provide me the answer I wanted and/or think is logical when it comes to the topic of claiming "Partial Disposition", so I wanted to put it out to y'all. I'm a business own...