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Questions about Form 3115
I have a foreign rental property that's been in service since 2013. I recently found out I could claim depreciation for it. I contacted a CPA and he said I would need to amend my forms from 2015 on since that's within...
Carrie Cavins
How to comp a MH surrounded by SFH
I am looking to purchase a MH in a MHP that is tucked in a very large SFH development. I have not found other MH for sale in the area to comp with.
I have found a park 20 miles away with homes that are 15-20 years ne...
Don Roberts
Trump administration to cap Americans' ability to tap home equity
Did anyone see this???https://www.foxbusiness.com/economy/trump-cap-cash-out-refinances"Under the new policy, the cash-out refinance cap would be lowered to 80 percent of a property's value, down from 85 percent."
If...
John Larson
Any suggestions on doing rehab deals with tenants?
I'm in the process of closing on my first rental property. One of the rehab jobs is painting the inside; the potential tenant I have lined up has his own painting business. What are your thoughts and suggestions on us...
John Ringgold
REALTORS: How to disclose to sellers for personal investments
I am a long time REALTOR and am looking for my first investment property in a long while. When my marketing plan pulls in someone looking to sell for cash, how and when are you disclosing you are a REALTOR? I imagin...
Nino Alfano
Selling a Chicago Flip question?
So I have learned no one pulls permits for The city of Chicago.
My question is this what happens when you sell the home and the buyer gets an inspection?
Do buyers not get inspections in Chicago ?
Investors tal...
Andrew Michaud
60k for a 5plex or 100k for a 3plex? Both have pros and cons.
5plex: 60k selling price, tax value is 95k, market value is 120k. Private sale. This is in a dieing town which I feel would make this building a high vacancy rate, but if I can keep this place full I see a quick retur...
Gregory Keleshian
Best Cities to Invest In/
What do you fellow BiggerPockets members believe the best cities to invest in rental properties are? From my experience and research, I currently believe the top 3 cities are 1. Atlanta, GA2. Indianapolis, IN3. Jackso...
Meghana Garise
Newbie looking at Boise Area
Hello allI am a new investor and finally writing my first post!! I am looking in the Boise ID area for my first investment property and wanted to reach out to the experts to help educate me! :)I read and heard about t...
Bjorn Ahlblad
When someone tells you "the government should provide housing"
This is textbook public housing https://www.kitsapsun.com/stor...