Brandon Wulff
Fourplex with HOA question
Hello, I'm looking at buying a fourplex in a nice complex, and there is an HOA for the community of fourplexes (which I've been told is not common). Because of this, I have a couple of questions...
1) can I assign t...
Hunter Peterson
Switching Unit A and Unit B of my Duplex
I own a duplex and I'd like to switch which unit reads Unit A and which reads Unit B so that they read A to B, left to right. Is there any legal record of which unit is which with the city, state, postal service, etc....
Hiro Kitagawa
Installing a parking area
Hi all,
I have a potential property that has street parking only, but comes with a lot large enough for two car driveway/parking/garage. It's at a desirable area where parking comes at premium. If I get it I'd want t...
Nhi Nguyen
Sub metering using EKM Metering system
Have anyone used their system for sub metering the utilities? Any feedback on quality and the software?We look around and theirs seems to be a complete system with free software access that users can customize and se...
Simone B.
Insurance on a Condo rental.
I am new to investing and just bought my first property! Currently, I am in the process of shopping for insurance. Any thoughts about how much insurance to get for a 1200sqft condo (appraised for 150k) 2nd floor, buil...
Robert Mitchell
3 Tips for selecting the right General Contractor in Georgia
First Tip: Licensed and Insured – Make sure your contractor is a GA State licensed contractor. Licensed are usually more trustworthy and professional. You can go to the state of GA licensing board website. Also make ...
Julie Verardi
Snow Removal in Jersey City multifamily
Hi, I'm in the NYC area and have rental properties in Jersey City. About 3 months out of the year we can have snow fall. I was wondering how do most people handle snow removal with their tenants. I didn't put it on my...
Kevin Auyong
Sewer lateral work in Milwaukee
Hi, I have a house in Milwaukee that needs a sewer lateral replaced. Anyone have any recommendations?
Melanie Baldridge
Bonus depreciation ?
Bonus depreciation is just a special part of the US tax code.
It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.
At the time of this writing, ...
Melanie Baldridge
What is MACRS classification?
In US tax law, the depreciable lifespan of an asset is defined by its MACRS classification which stands for “Modified Accelerated Cost Recovery System.”
Under MACRS, depreciable assets are assigned to different class...