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How does your tax accountant report rehab costs on your tax return? As ordinary expense as incurred or defer the costs until the house is sold?
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I put my personal house up for sale on Zillow as a FSBO . The responses have been overwhelming . In 3 days I have had 65 calls . Two from regular people and 63 from real estate agents . They all seemed to be reading...
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What can we learn from New York’s biggest multifamily property deals that teach real estate investors about the market?A new report from Property Shark reveals the biggest multifamily property transactions in NYC over...
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I am planning to file an ejectment on a home I bought at this years tax certificate sale. I have sent a certified letter to the property letting them know I have the tax certificate to the property and it was returned...
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Hi all. Moving to Chicago next month and I am under contract for a 2-flat in Chicago.The garage is detached and is not properly secured with anchor bolts. My questions are:Is this a code violation? I was told conflict...
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Hi allI am looking at a foreclosure that was listed two days ago. I have two questions that I would appreciate your feedback on...1. They’re asking way too much for the property. How much of a discount could one expec...
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Anyone know of a good way to estimate how assessed value for a property in Philadelphia will change after purchase? For example, if the current assessed value for a property is $800,000 and I plan to purchase at $1,00...
I'm new to multifamily investing (have 5 single family rentals) looking at a 5-unit property. Property is poorly maintained, lacks proper paperwork on expenses, but is in a great neighborhood and presents a great valu...
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I'm looking at a duplex opportunity that says "Corporate tenant, PadSplit has a low-risk 2-year master lease that protects your investment and alleviates landlord headaches.", this is the first time I hear about PadSp...
Hello, BP community, I am currently renting out two properties in San Jose, as follows:1: Town house, 450K purchase in 2016, currently sale price: $600K. Expenses: property tax: $6891.68 interest: $...