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Do you require coverage and terms of the lease from your tenants?
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I relation to depreciation and rental properties, I think I have a pretty good handle on how the IRS regulations work.
Purchase price and repairs up to the point property is placed in service, are the base 27.5 year ...
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There are hundreds of topics on this forum regarding tax strategy for LLC. When I talked to my CPA, they explained if I will classify my company with IRS as S Corp, then I will be avoiding paying self-employment t...
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Three years being a rental property owner in Texas City and just found out it seems pest control may be a necessary expense I will have to take on? Had to deal with pest control issues during make ready since the prev...
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My tenant told me they saw a roach (1 roach) in the house the other day. He didn't seem really upset about it, but it got me thinking...should I have a pest control company come out quarterly to spray or should that b...
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Hi,Does anyone know any places or methods change coins to cash, that don't charge 10% and don't require me to roll the coins?
Paying a small fee is fine
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I’m trying to get at least $40k net profit from a single flip in Michigan?I have 200k to invest.Am I being greedy? What amount of return would you expect if you had $200k in cash to use for flips?My realtor said for a...
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Good day all,I am looking at putting together a list of ways that people have gone about forcing equity/value in their properties. To start the ball rolling, I like adding a unit/income stream where there wasn't one ...
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They are now giving “extenuating circumstances for Covid-19” much like if a guest calls and says their brother died and they let them out if the cancelation policy. I would expect the April 14 cancelation policy to ge...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $2,300,000
Cash invested: $200,000
Single Owner 1970's build, Class B, 20 unit apartment complex with garages...