Why do our renovation expenses seem to be so much more expensive than investors I hear on BP podcasts or at conferences, etc.?  I hear investors repeatedly quoting renovation expenses of value-add apartment renovation...

Often I believe in not saying, “No I can’t!” but instead prefer to say, “How can I?” - How can I move forward with making an offer on an investment property with evident cracking?Home is in Metro Denver area, an up/do...

Three of us are planning to buy a single family home or duplex for a buy and hold plan this summer (or before). We know we most likely need to take title in our own names for mortgage purposes, but then want to transf...

Hey guys, I recently closed on a duplex.  I renovated one of the units that was vacant upon buying and got a tenant in there.  6 days later, she sent me pictures of roaches in the unit.  Is there a way to permately ge...

Hi All,My CPA is advising that I have my LLC be taxed as an SCorp because I'm an active participant in my fix and flips.  To clarify, I have a multiple member LLC (me and my husband).  In that LLC, I make some private...

One of my properties has a brick patio with treated wood guard rails.  The red brick color and the treated wood don't make a really nice color combination, and I'm thinking about painting the wood.  Now, I have certai...

Does a property have to be held for a certain time period or can an investment property be sold right away after purchase to qualify for 1031 tax exchange?

There is a catch of course, but that is normal when dealing with the IRS.  However if you have a long time Sec 8 rental, and you wouldn't mind to sell at ZERO Cap Rate this is your lucky day!!Read the details on this ...

Hi,
I have a 1250sqft 2 story 3 bed 2 bath condo built in 1977 which recently had a big water leak. Because the tenant couldn't detect it in time, we had to throw away newly installed floors on entire downstairs. Tha...