Stuart M.
Expense Real Estate Taxes on Sched A before in-service?
Can you put the real estate taxes on your schedule A while the property is undergoing renovations, before the property is placed in-service? I was under the impression that you cannot, that they must be added to the ...
David Jiang
Rental applicant wants a copy of my driver's license?
I'm wondering if anyone here has run into this and if so, how you dealt with it.I'm currently listing a rental as a private landlord and not getting a lot of hits except one applicant with solid scores and income. The...
Christina Berry
Service Dogs
Has anyone dealt with a certified service dog situation in a non-pet property? I have a potential tenant coming to look at an apartment that typically does not allow pets. I know there are a lot of laws protecting ser...
Robert McEachern
Depreciation Recapture in Seller Financed Transaction
Hello All:I am trying to purchase a 4-plex using seller financing and the Seller's accountant is telling the Seller that they need to receive enough of a down payment to cover the depreciation recapture which is taxab...
Amit Raghavan
STR - Palm Springs vs Indio (and some specific questions)
This is a long post and appreciate you reading through it. We are looking to buy a SFH in Palm Springs (or possibly Indio) for STR purpose. I know the forum has a bunch of info (appreciate it) but wanted to ask a few ...
David Casas
How to Determine Rental Price When No Comps in Area?
I am looking at a beautiful 4 bedroom 2 bathroom home with finished basement near a University I would like to rent out for Student housing. 2 miles from a train station, 5 blocks from the University entrance. The pro...
Matt Mayotte
Need some help on a direct buy from seller
Ok, I might have a deal tomorrow with a seller who has inherited property from a relative and sounds pretty eager to sell. There are other buyers interested so I will need to move fast but I want to make sure I do th...
Curt Bixel
STR Capital Short term rental in Columbus Ohio
I listed one of my Duplexes on Zillow as being for rent and available. Shortly after that, I was contacted by a representative from STR Capital, a property management company in Columbus, Ohio. She sent the followin...
Terry Royce
Evaluating Apartment Building for Wholesale
I am looking at an apartment building to wholesale.
However I am having a tough time of knowing where to start to evaluate it.
The asking price of the building is 250k,
Repairs Needed are 150k
Fully occupied will bri...
Craig J Eiland
LLC in California
We are getting ready to set up our LLC and are wondering if anyone from California has opened one in another state to get around the large yearly tax of $800 in our lovely state. We have been advised by an attorney to...