Michael Plaks
Sch C reporting of installment sales for residential lot dealers
I usually answer, but now is my turn to ask.Dealers of residential lots are allowed to use installment sale method. If said dealer operates as an S-corp or partnership - reporting is fairly straightforward. But what i...
Andrew Taylor
Tiny Houses to Replace Mobile Homes?
I've long been intrigued by the idea of a "tiny house village," either for TH owners or for renters. I've done some preliminary research and the big monkey in the wrench is municipalities that don't want anything to d...
Clay Chandler
Are Condos a wise Investment?
Hi all I am just starting out in the world of investing! I was looking for some input on buying and holding in college towns. I have found some condos within walking distance to Alabama University and was wondering is...
Frank S.
Obama Presidential Library,Chicago, IL
Obama Presidential Libraryhttp://www.oplsouthside.org/sitesThe Barack Obama Foundation is considering two sites on the South Side of Chicago for the Barack Obama Presidential Center in the Washington Park and Woodlawn...
Adam Lanik
ADU(s) on Multi-Family Lot
I am looking at an RM1-1 lot in San Diego and it currently has an existing 1125 sqft SFH (6500 sqft lot, 1-unit per 3000 ft). I want to add a another unit plus two ADU's. As I understand it has recently been approved ...
Luke Carl
Do you Tenants get Buyers Remorse?
I don't know how else to explain it. They move in, they freak out, they call the office 400 times with all these things they want different. It's almost like they think we went in there and messed the place up since t...
Patrick Philip
How to prevent my tenants from running off?
I rent in Florida. At this point, there is no way for me to prevent my tenants from vacating prior to the expiration of the lease. The only thing I could think of was to not give them their security deposit back if th...
Robert Gonzalez
New BP Member in Philadelphia area with some basic questions!
Hello everyone!I am new to BP and live in the Philadelphia area (currently in Delco, moving to Montco later this year). I have started reading around a lot on BP in the past month andI am hoping to start investing lat...
Katie Miller
Do you give gifts to your tenants during the holidays?
Certain landlords feel VERY strongly that they get great returns on keeping good tenants over the years with small gifts given. Other landlords feel that giving gifts crosses tenant-landlord boundaries. What do you th...
Lynn Green
Depreciation or Expense
I spent $20,000 on replacing decking front and back. It was Trex , which is supposed to be lifetime warranty, that is another issue. Also, we replaced siding on the East and West side of the house, which was another $...