Carmen Chu
Can I depreciate these as CapEx for my rental?
For rental properties I know you can depreciate things like a new roof, new washing machines etc...although different things have different schedules of depreciation. I have one item that I don't know if it's an it...
Chris Milosevich
Should I use a Public Adjuster? My roofer thinks so.
A roofer is asking me to hire a Public Adjuster (PA) to negotiate a hail claim with my insurance company. The roofer sent me a 1/2 page contract that would let the PA work on my behalf for $225/hour with no cap. I'l...
Carl Dieckmann
Pulling Permits after the fact
Hey guys, looking for whatever advice you can provide. I'm in Travis County, NW of Austin. I have a flip I'm about to close on with amazing views and good numbers once renovated. The house has an appraised sq footage ...
Jacob A.
Asset Protection: Setting up a property management company as LLC
I think I came across this idea on BP but cannot find that post. Basically to protect from lawsuits one creates a property management company as an LLC. You rent the property to the LLC and the LLC sublets it to the t...
Richard Z.
Need help: How would you structure this deal?
Hi BPers, Haven’t been here for a while, so glad to see there are so much things going on here. I'm a flipper also done some new development work. Need some help for this deal structure? It’s an infill land developmen...
Jeffrey Brumagin
Unpermitted Rental Unit ?
I'm currently in a very informal rental agreement on a 1/1 standalone that used to be a guest unit of an adjacent property. The entire property was foreclosed on a few years back, and somehow the two properties wer...
Dell Schlabach
Can a Realtor work for an non-Realtor Company on a commission split?
We are doing some restructuring for 2015 ... decided to post the questions separately ... 2. If I send one of my staff to get a real estate license, pay for their training and their classes to buy and sell our proper...
Shaz Wa.
How hard it is to have city approve a single family lot to be converted in five lots
Hello everyone,
I am new to biggerpockets and to developing real-estate and need some advice from the respectful members of this community. I am intereted in purchasing a large lot around 0.25/0.5 acres which is cur...
Andrew Carlson
Do you utilize traditional retirement investments?
I searched through the forums, and found a lot of people asking about liquidating 401k/IRA etc. But I could not find anything about whether or not BP members even put money into traditional retirement investments. So...
Kathy Henley
Does the IRA need an EIN number?
When my LLC issues a K-1 to its investor, who's tax ID number is entered for the recipient? The investors SSN? The investment funds came from a self-directed IRA so the partner is not a person, but an IRA account. Yet...