Richard Howell
Roth Solo 401k : 1099-INT
If I invest funds from my Roth Solo 401k into a bank savings account that allows me to open the account in the trust's name with the trust EIN, and the bank issues me a 1099-INT at year end, will this 1099 create an i...
Christen G.
Tenant brought in "portable washer" which (of course) leaked
My new tenants upstairs apparently brought in a "portable washer" which has leaked into the downstairs unit - destroying the tenant's bed and TBD on the rest of the damage. (Yay for Saturday afternoon emergency calls...
Bruce L.
Tile on 2nd Floor
Hi,
Other than the bathrooms, has anyone installed tile on the second floor of their property?
I have a townhouse that was built in 1980 and looking to replace the carpet with 20"x20" porcelain tile, I want to insta...
Solomon Simmons
How to get approved for a mortgage as an LLC with no income?
Here me out here. I am officially jumping in and purchasing a rental property but deciding to run as a Sole proprietor or LLC. The only issue is as an LLC, I must keep my personal finances separate from the business’....
Michael Campbell
First duplex
Hi, I just joined and am just starting in investing. My plan is to invest in 2-4 units. My question is what should I do first? Should I get financing lined up or talk with a realtor? Is there a way I can get in...
Jaco Braja
Understanding Tax depreciation
Hello guys, I am new to investing.I keep hearing about tax depreciation, but I don’t understand exactly how that works.Can someone explain that please or give an example.Appreciate it!
Account Closed
Tips on how you determine market value of a house??
Hi,
I'm a new investor and I'm trying to find the best ways to determine market values of homes in an area I think I may send mailers to. I'm noticing there are so many houses for sale and the prices are very incons...
David P
Tax Deed Auction title searches??
I have a question about tax deed auctions. When I'm doing my research on the properties, I don't want to pay to have a title search done to see if there are additional liens on the property. After researching 10 pro...
Ethan Ross
Cat urine odor under hardwood floors
I have a rented apartment with hardwood floors. The previous owner had cats and there is a strong urine odor coming through the floors by the kitchen. The tenant has tried applying a number of different deodorizes but...
Account Closed
Rough estimate for kitchen and bathroom total gutting?
I'm wondering if the experienced rehabbers here have a good rule of thumb for a total kitchen gutting (not a high end rehab; a basic rehab but with new appliances). Same question for bathroom total gutting where you ...