Jeffrey Cervi
Vacation property depreciation deduction question
Any tax wizards out there? Vacation property deductions are reduced according to the percentage of time the unit is available for rental versus time allocated for personal use. Let's say in year one that was 60%. D...
James Free
Whither Multi-Family Pigs?
@Brandon Turner posted this classic years ago: https://www.biggerpockets.com/renewsblog/2013/04/0...Ben Leybovich counters with this: https://www.biggerpockets.com/renewsblog/2015/03/0...It seems to me that these two ...
Elram Raguan
looking for a general contractor in columbus ohio
I'm looking for a general contractor in columbus ohio area,To get a fast and good estimate for a massive renovation
James Free
How to tell if a mult-family is a pig.
@Brandon Turner posted this classic years ago: https://www.biggerpockets.com/renewsblog/2013/04/0...@Ben Leybovich counters with this: https://www.biggerpockets.com/renewsblog/2015/03/0...It seems to me that these two...
Donald S.
Confusing and Frustrating LLC and trusts
Hi everyone. So you know how on all the podcasts etc they say "I'm not an attorney and make sure you speak with an attorney first...." well I did just that. I spoke with 2 attorneys in the past 2 days and they complet...
Minna Reid
Stressing a BPO on a nice property
I have a BPO coming up on a property I have under contract, and obviously I'd like the BPO to go my way. However the house is pretty nice. Not much for repairs or anything. It looks ok. Maybe a a little paint and carp...
Michael Esselman
SE Tax & Manager Managed LLC
Would appreciate insight on the following situation: LLC holds long term rental RE managed by a property manager. If the LLC is Manager Manged by 2 of the 6 members are those 2 members now subject to SE tax? Been scr...
Michelle Sizer
Foreclosure Auction in Collin County Texas
Hello,I purchased a home this month at the auction in Collin county, since this is my first time I am not sure what to except. How long it take to receive the recorded Deed? I was told a week by Robert Ortolani (Sub t...
Michael Taylor
What to do?? Nervous to purchases another house
A house is asking $300,000. I got a quote that I could make $55,000+ from short term rentals from a property management company in the area. I asked for a disclosure sheet and very little information was discovered an...
Guy M.
Contract Assignment & Contract Obligation
Example contract verbiage:"This contract is assignable by Buyer without the written consent of Seller. Assignment does not relieve the parties from their obligations under this contract."What needs to change here? If ...