Christopher Freeman
Tenant Complaining About Strength of Wi-Fi Network
Hi all,We have some college student tenants whom we inherited from the previous owner. Most of them are fine, but one of them is very needy. The legacy lease provides internet, which we have provided and which works i...
Mike Dymski
Idle Cash and the War Chest Strategy
A - Invest $100, add value to $120, market corrects to $100 in year 1, but you achieve an 8% return from cash flow and principal reduction.B - Invest $100, add value to $120, market remains as-is (or it takes longer t...
Adam Zach
How Many RE Investors are Engineers?
Is it just me or are about 25% of all real estate investors, also engineers? As an Engineer myself I could be biased but curious if anyone has insight. I know folks usually have professional background like IT, accoun...
Bill Gulley
NUTS WITH GUNS
I'm all for gun ownership, I own several myself, but do we have any responsibility to inform authorities of those you are clearly having mental stresses or conditions that could lead to the Batman shooting this mornin...
Jonathan Plant
ROI Calculation on personal use portion
I own a property that has a triplex and a duplex on it. The bank only sees the property as a triplex. I rent 3 units out, have 1 AirBnb, and live in the last. My personal use portion is 63% of the total sq' of all 5 u...
Carlos Ptriawan
Sec 121b5 exclusion loophole
I'm surprised after reading this article:https://www.accountingweb.com/...Basically, if you have rental (or primary -> rental) and turn to primary, and then sell the property after live there for two years, the non...
Kadia Lawrence
Do you write off Car purchase under your RE LLC?
Hi Everyone,I am about to purchase a car and will be using it for both personal use (e.g., grocery shopping, gym, etc) and definitely for RE business (scouting neighborhoods, seeing listings, visiting properties for m...
Brian Young
Property Management Do's and Don'ts
Hello all! I am excited announce I will be adding a long term rental property management division to the brokerage I'm with Mitchell Dean Realty here in Tampa. I have been taking note of the things the landlords I kno...
Theodore Smith
Sale of 2+ unit property used as STR but also as primary residenc
Pretty sure I need some local Real Estate CPA tax advice, but thought I would post real quick to get any thoughts. Planning on reaching out to some CPA's next week.
Some Facts-
Purchased Property 07/26/2019
Price ...
Gaurav Mehta
Property Tax deduction on investment property
Had a question about deduction of property taxes on investment property.So the limit of property tax deduction on personal home is $10K.Is the deduction of property tax on investment property counted separate?Meaning,...