Samuel Kowalsky
Split use (personal/rental) for rental property - Depreciation
Thanks in advance for your time.I have a rental property that I purchased in 2018 and rented it out until July 2019, when the tenants moved out, and the apartment remained vacant for the remainder of 2019. At the begi...
John Suralik
How to Change a Lease Mid-term
Two months into a lease, the couple renting the home is separated and have starting the process to get a divorce. One of the tenants want me to reissue a lease without the other person. Both individuals have good payi...
Brenda Mercado Baez
1031- NY to FL. SF v. MF v. multiple SF
Lurker/1st time poster here! My husband and I own 3 homes: 2 rental duplexes and 1 single home in which we live in. We are looking to relocate to central Florida this year and want to sell one of the rental duplexes. ...
Ellie Perlman
Trouble Understanding the Acquisition Process?
Since we're seeing deal flow pick up at my company, I thought it might be helpful to breakdown the acquisition process for anyone that is just beginning to build their portfolio. Every syndicator has a different proce...
Harry Campbell
Can you change your depreciation value?
Someone asked me a question on my site about changing depreciation for past years. I did some research but could not find a solid answer.
Let's say you buy a property for 200k and use 100k for bldg and 100k ...
Rusty Scott
FNMA Inspection Period / Repairs
Hey everyone,
Here's my current siutation. Received the FNMA Addendum on the 16th of April, standard 10 day inspection period. The regular purchase contract stated that all utilites would be on to allow for inspecti...
Shawn-Karisa Shaffer
Can your Tax Return limit your borrowing power?
Hey BP community...I'm fairly new to the site, but been part-time investing for a few years. I have always done my taxes on my own (via TurboTax), and never seemed to be a problem. I admit I am not an accountant, but ...
Micah Freeman
NNN Lease - Security Deposit Listed as None
Went into escrow on our very first NNN property this week. Documentation is starting to roll in as part of our Due Diligence period and Received the lease documentation today and it says "Security Deposit: None". Is i...
Jeremy Bohnett
Loaning or Contributing to your Partnership LLC?
We are a two-member LLC (for real estate buy and hold investing) where each member has 50% ownership. Each member contributed equal amounts upon opening of LLC earlier this year and there have no distributions to date...
Kalen Mills
Buyer's agent can't talk to seller?
Im trying to use a flat fee listing service, but in Kerrville there is only one who can list to kbor MLS. He is saying TREC has new rules that don't allow buyers agents to communicate with sellers🤨. I've looked up TRE...