It's my understanding that every asset needs to be assigned to a property, we have 7 rental properties, and buy things like a snowblower that we use at two multi-family properties. Do we split the depreciation and as...
I’m currently rehabbing a home in western N Carolina and had planned to lease the home with an option for the renter to purchase. Some in my local REIA advised against it citing Frank Dodd and the mess of foreclosing ...
Hello, I am looking for property management references in Nashville TN. Property is a 3bdrm single family house, I am the owner. I have been disappointed with a previous manager and need to start over. I really need t...
Need suggestions on how to keep my pipes from freezing. Yes, I have hose covers. But house does not have central heat. It has wall natural gas heaters. I feel it is a safety hazard to leave them on for a week at a tim...
My friends and I are in the process of purchasing our first real estate investment out of state and planning to finance the investment through a bank. Each of us are bringing varying degrees of capital and sweat equit...
Wasn't sure how to word the title, but here are the details.I have a contract with a landowner to use his existing dock on a public waterway. The contract entitles me to perform, with approval from the landowner, any ...
I just got started REI in Washington state and when I tried requesting public records (Divorces, Probates, delinquent taxes, etc.) Washington state law states that one cannot use these lists for commercial purposes. ...
I purchased and renovated a buy and hold rental property located in NJ in 2015. I did a lot of renovations on the property. The property is held under my own name and I'm trying to get organized before I go to see my ...
From the instructions for Schedule E, was confused about this line:Do not count as personal use:• Any day you spent working substantially full time repairing and maintaining the unit, even if family membersused it for...
I bought a condo in Mexico for vacation rental income. It has done fine for the intended purpose. However, even though the purchase price was negotiated in US dollars, my understanding is that capital gains for the ...