Cody Barrett
Your 1st day after signing & beginning your career as a landlord?
Hello everyone!Friday is the day I close and inherit a tenant that has been there since 2009. He is very clean, respectable, and cuts down trees for a living. He's recently divorced unfortunately which caused the la...
Carlos Silva
Can you 1031 exchange residential for commercial ?
I have a single family rental home I would like to sell. I would like to use the proceeds as a down payment for commercial real estate (raw land). Can I do this through a 1031 exchange?
Benjamin Weinhart
Question on Treatment of 1.263(a)-(f)(6) With Self-Renovations
Hello, I'm mostly writing to confirm my suspicions as the regulations are a little unclear/I'd appreciate a second set of eyes to make sure I'm not completely off-base. I'm looking at the proper treatment of the de mi...
Cary F.
Donald Trump & Real Estate Investing
I'm interested to hear what investors think about Donald Trump as President as it pertains to real estate investing. Here's some of the things I'm thinking about:Demand for Rent: Presidential elections do not change t...
Rich Hupper
Mortgaged property and fire
I do not have experience with this topic and looking to understand the ins and outs. If you buy a rental property with a mortgage and there is a significant amount of damage to the property due to fire so that no unit...
Lloyd Segal
Economic Update (End of Year Summary)
Economic Update
(End of Year Summary)
Before we started getting sick, we had TIME — time to meet, to talk and gather, to sing, to cheer and to roar. The minutes in the hour, the days in the week, were luxuries no o...
Account Closed
Rent Controls - Statewide - These people are insane
There goes the neigborhood: Oregon Defies Logic With Statewide Rent ControlIt is often said by cynical economists and political commentators, usually of the right or libertarian persuasion, that the road to hell is pa...
Justin Silverio
LLC w/ S Corp Election vs. C Corp w/ S Corp Election
There have been a couple of posts about this in the past but no definitive answers came out of them. My question is why would someone set up an LLC and elect to be taxed as an S Corp instead of just taking the S Corp...
Courtney Jones
LLC question
I Am looking to invest in property that will not be my primary home. I know an LLC is the safe way to go. My question is, should an Attorney be sought to create the LLC?. I saw an Attorney and if I move forward the ...
Robert Steele
De Minimis Safe Harbor Election (expense rather than depreciate?)
Does anyone know what to make of these new IRS rules that came into effect for 2014? (but I believe are back dated to 2011)It sounds to me like we can start deducting a large number of those repairs we used to have to...