Jay Staudt
How To Handle Improvements On the Sale of Rental
Let's say, for example, I put a new roof on a rental and it cost me $7,000. I've since depreciated a total of $2,000 of the roof's cost on my annual taxes each year since.
When selling a rental property, Net Adjusted...
Burt L.
How to handle Jerk Buyers on a "Foundation House" ?
Been trying to wholesale an MLS property with a huge margin that most people run from as it needs a wall re-bricked and floors leveled on one side of the building. People don't look at it as just another check to writ...
John Lamb
How to handle post-possession closings with wholesale company?
I'm looking at purchasing a property from a wholesale company but the current owner will have a 30 day post-possession closing in order for them to find a new place to live. When I called the wholesale company, they s...
Lois S.
How to handle possible flea problem with vacating tenant?
All of my rentals have been 'no pet' properties, but...I have a tenant leaving soon who brought in an "assistance" animal - a dog.So I have a few questions.If you know the tenant has a dog, do you require them to flea...
Steven Barr
How do you handle paying property taxes on flips?
Hi BP - I am closing tomorrow on a property that I recently flipped. I purchased it in July. So total hold time was from July thru November. I just got a bill from the county for the property taxes ($713.82) I went on...
Jayson Greenblatt
Buying co-op with girlfriend. How to handle taxes.
I am contemplating buying a co-op with my longterm girlfriend with whom I have a child. I was wondering how would we handle things at tax time if we split all monthly costs 50/50? Such as mortgage and maintenance, etc...
Brandon Ray
Investor Friendly Title Company in Houston Handles Creative Inves
I'm asking this question because I'm trying to locate an investor-friendly closing/title Company that work with creative investors. Handle Double Closings or concurrent closings. BACK TO Back closings.
Daniel Sabato
Cost of a Good CPA to Handle Your Taxes
What does a good CPA cost when tax time rolls around? Now I already know that this is a "it depends" kind of situation and I understand that. I'm just looking to get a ballpark idea of what would be an insane number. ...
Yacine Rimmo
Sweep fine on small multifamily, finding and handling culprit
Hey BP investors!
So I have this property (3-unit) in Allentown PA since March and it feels like I have started receiving sweep fine like it's raining trash on it (ok I'm exaggerating a bit).Now I certainly don't bla...
Chris K.
How should I handle this annoying baskeball hoop situation??
So the neighbor has a basketball hoop set out in the back of his parking pad thats pretty annoying. It's almost like he set it out there for all the kids to play on it cause every single day like 5-10 kids will come o...