Judy Murphy
Tax benefits of separating rental income from pet rent?
Hello everyone. I have 3 rentals, one in Anchorage Alaska, and two out of state. With all three, I have Pet Rent. My property manager in Anchorage separates the pet rent from the general rental income on every stat...
Nelson Del Castillo
Splitting utilities when you don't have a separate meter
I have a 2 family house, the first floor unit along with the garage and basement lights, are all on one meter. Previously the first floor apartment was rented to college students so I would pay for all utilities... We...
Bob Denkers
Selling my 2 houses on 1 lot separately - ADU
Hello, I have 2 houses on 1 lot, Main house is 1600 sf 5 bed 21/2 bath, 2nd House is 2 bed 1 bath 800 sf. Both on 1 lot, no garages so i cannot split lots without building garages and lot is too small for that, The...
Michael Wolffs
Wrapping architecture into contract, or having a separate architect?
I've bought a property I need to get rehabbed. Once I bought I immediately started contacting contractors for bids. I got some, but some of them said the needed plans do do a good bid, and I needed an architect. So...
Shawn Drumgo
Selling Lots and Construction: Single vs 2 separate Contracts
Happy New Year.Is it better to sell a lot plus new construction under a single contract or to have 2 separate contracts (1 for lot sell and 1 for new construction)?Thanks
Alexandru Nedelcu
Separating two tenants living in main house and D
I plan to rent both buildings that share the same lot.
I think all mail would come in the same mailbox. Can I separate the mail/package delivery, maybe get two addresses? What about the package delivery? Could the...
Dave S.
Multifamily into separate Single families for higher resale value
Looking for some advice and strategy for splitting a multifamily into 2 separate half double dingle families for higher resale value. Looking to do this to flip and sell right away (not to hang onto). The street is fi...
Natalie Kolodij
Assessor lists each space as separate property in park?
Hey guys- I've done two mobile flips now and both times the address of the mobile home park just pulls up the overall park information with the assessor. Total acreage, total RE taxes, number of pads, and the LLC that...
Sagar S.
Separate Out-of-state LLCs, California investor (New member)
I am a newbie in RE investing. I've been researching, reading and listening to BP podcasts. I am planning to buy rental properties out of state. But my research stopped at forming LLCs. Opening a separate out-of-state...
Paul Bergagna
Costs to Separate Utilities (electric, gas, water, heat, HW)
Looking for a rough costs to separate utilities in an older multifamily home in the north east. For instance, I'm looking at a 6-unit that is running off a single, electrical, gas, water, hot water source. Just look...