Michael Plaks
Sick and tired of cost segregation hype and misinformation
Mad after listening to a webinar held by a prominent national tax firm and a prominent national cost seg firm. These guys were drunk on hype and misinformation. Just 3 examples:
1. "SFH investor can write off most of...
Steve Johnson
Insurance recommendations for LLC during flip hold
We are in central Texas. Single family home in San Antonio. Hopefully hold for 6 months or less. Any insurance companies/agents that you can suggest? Are there any special considerations on the policy itself? I a...
James Sullivan
HELP!!! College Research Paper on Housing and Mortgage Fraud
I'm a college senior taking a fraud seminar class, and our final assignment is to write a research paper on a fraud topic of our choosing. Being interested in real estate, I chose housing and mortgage fraud. I've been...
Edward B.
Tax writeoff on a charitable donation of property in Virginia
I attended a local REI meetup last night and the guest speaker was an auctioneer with 37 years of experience in RE investing. He was selling a strategy of buying properties on cheap because they were good for nothing ...
Matthew Boyer
Owners taking MFH's off-market when viewings requested
"I feel like I'm taking crazy pills!"I'm working on expanding from our SFH rental to MFH properties. Turns out I'm having starting obstacles I didn't even consider. Owners don't seem to actually want to sell.Found a 1...
Peter Van der Steur
Tenant offers to pay desired items (ceiling fan, storm door, etc.
We are new at this. A married couple just moved into our property and noticed some missing things they would like (ceiling fan in master bedroom, storm door, ...). The wife said she would pay for the new ceiling fan i...
Cristian Castillo
Finding a market/area
Hello just getting started in real estate and trying to start by finding a market. The way I’m going about finding it maybe be a little ineffective all the feedback I get is very much welcomed and appreciated.
I’ve s...
Leslie Beia
Tax Q's About a Co-signed Primary Residence
Hi! I've talked to 2 CPA's and have received completely different information, so I'm hoping someone here can clarify!I have purchase a SFH (with hard money) that I intend to live in and share with renters (house hack...
Marc Izquierdo
When to place in service
Hi everyone!
That new podcast got my tax juices flowing. One part that struck me was about capital improvements and placing your property in service. I purchased my first property (duplex - house hack) in mid Decem...
Steve Schwartz
Tax and and expense question
New member, I own a vacation property that we use every month. Just finished building an apartment above the garage to rent out to a long term tenant. I realize I will need to find a good CPA but can anyone explain if...