Shaquitta Perks
Suggestions on filing taxes without taking a huge hit on income?
How can I file my taxes without taking a huge income loss from being self employed. I am applying for a home loan but now my income is reduced significantly from the way I filed. Is there a way to get around that to ...
Samantha P.
How to calculate depreciation the second time around
Hello! I purchased a property as my primary residence in 2006, converted it to an investment property in 2009, and then moved back into it in 2016. If I convert it back into an investment property, how do I calculate ...
Account Closed
Tenant signing lease but may have roommate later
If a tenant signs a lease and during that lease agreement decides to get a roommate, do you terminate the lease agreement and sign a new agreement with both roommates? In my lease, it states that the premise only ...
Cory Sparks
What information do I need to get before buying a commercial prop
I am helping someone out that is looking to buy a commercial property. It is a strip mall with about 14 units with a cap rate of 8.37%. I am doing all the calling around to get all the numbers. I will be a property ma...
Steve K.
Tenant Utilities with shared metering and billing
We recently closed on a property, where some things slipped thru cracks, during our due diligence. We inherited (Old lease 8 months left) a tenant who doesn't pay for electric because gas furnace is hooked up to meter...
Tyler Vance
Los Angeles City Rent Control
Question for all the wonderful people who contribute to this forum. I've tried digging in and figuring it out myself but keep getting to a dead end.I have a property with four units, and one house in front that is und...
Demarco Brown
Transnational Funding cover closing cost & price of home?
I have a deal under contract that has a no assignment clause, so i am forced to double close and use transactional funding, which i know will cut into my profit. My questions is do i also have to come out of pocket f...
Apurva Rathod
can i change regular lease to NNN after purchasing commercial prp
I have a question about regular lease commercial property.Its only 2 tenants and they have 15 year lease, but no tax or insurance on them. Can I convert after purchasing amendment to the lease and change it to NNN le...
Mark Hart
Memphis' $9 Billion Downtown Expansion!!!
The City of Memphis is planning to transform its Downtown and Medical District assets to complement a $9 billion investment by ALSAC/St. Jude Children's Research Hospital in the Pinch District.During the executive ses...
Jack H.
Adjusting the tax depreciation basis???
I purchased a property at the height of the market in 2005. We lived in the property for 5 years and started renting it in 2010. Original price was $445k but in 2010 they were going for more like $360k. My tax guy tol...