I am wondering if There is a precedence to legally force compensation from seller for expenses thus far (Inspection, agent, time, wire xfer fees etc.) in a deal that is under contract signed by seller requiring seller...

Investment Info:

Small multi-family (2-4 units) other investment in Panama City.

Purchase price: $130,000

Cash invested: $132,441

Sale price: $174,718

Contributors:
Logan Boesch

T...

I read somewhere (couldn't find it again, for reference) that if I replace an item, such as an AC, in one unit of a fourplex, I can capture 100% depreciation in that tax year.  The logic being that I replaced only 25%...

I need help and insights from anyone who has had a partnership where the goal was to be 50/50 on a buy and hold rental property.  The property is a duplex that will cash flow $212 each month.  There will be $5,000 in ...

My great uncle was a multi-millionaire who took his own life roughly 20 years ago. He left all living family members individual trust funds/retirement accounts conservatively invested in some sort of mutual fund. For ...

There is a property that is scheduled to hit auction court steps this coming month.Auction detail:"IN RE HAROLD W. BURKEMPER AND DIANNE M. BURKEMPER TRUSTEE'S SALE -- Default having been made in the payment of a Promi...

Hey y’all I wanted to get y’all’s advice with a deal I am currently working on. I am in current talks with my parents to buy their home. They are currently renting it out. They still have a balance on the mortgage. Ab...

Would really love some advice on this unique possibility (sorry it’s long, wanted to include all the details):A property (3,000sqft.3/2) has been on the market for about 5 months that I personally love. It sits on 5 ...

Thought this was straightforward but been hearing from others it may not be:Example: $100 invested in Year 0 and $100 returned in Year 1. At that point in time there is $8 pref balance based on 8% pref terms. Does the...

Hello there.  I have two questions. 1.  I bought a property towards the end of 2017 and started rehabbing it and now it’s almost done and will be ready for a tenant next week.  Will an accountant know how to perform t...