Hanan K.
I need a clause for my rental agreement
Hi, I've found a tenant for a unit I'm renting out. It's a 3 family house -- three floors. This is the first floor unit. I want to make sure they know use of porch is not permitted -- the porch is also the main entra...
Mark Rowan
How to get commercial space rented?
Hello everyone. My partners and I are looking at a building with 16 residential units and 2 floors of commercial office space. The 16 apartments are rented of and the commercial space is vacant. The building will stil...
Julio Gonzalez
Example of Cost Seg Study on Self Storage Facility
Without a Cost Segregation Study, this $8.2 Million Self Storage in Stuart, Florida purchased in 2021 would have generated first-year depreciation of approximately $210,200. By applying a Cost Segregation Study, the p...
Travis Rogers
Seeking TX Lender for Purchase - In-House (non-conventional)
Looking for a Texas based credit union or bank that would service a mortgage in-house. Due to a cost seg on a storage facility last year, showing a loss on paper (six-fig accelerated depreciation), I don't qualify for...
AJ D.
Accounting for business vehicle
My Rental PIS date will be August 1, 2024. I currently just have a 2-door honda that I will use for business travel/managing the rental. Ideally, I'd like to buy a more practical car for managing my rental (something ...
Frank Mumford
What Qualifies as a bathroom
I have a tub, toilet, sink, and vented fan in a basement area that is closed off from the rest of basement. It is open to the storage area, utilities, washer and dryer. This space takes up half the basement and has ...
Naor Biringer
RV park and Storage facility, Valliant OK
Investment Info:
Other buy & hold investment.
Purchase price: $450,000
Cash invested: $65,000
I bought this RV park and self storage facility in 2021 and turned it to a 90% automated RV park.
It...
Dan Chandler
Garage Upcharge
I am looking into buy-and-hold single family properties. Some of the properties have garages so when I'm doing my calculations I was wondering how much, if anything, should I calculate as an up-charge for allowing te...
Shawn C.
Neat Receipt for Personal and Business Expense Tracking
Hello Everyone,I am curious to see who uses Neat Receipt to keep track of all their receipts for their personal finances as well for your business. Please state if you like them and why as well if you don't like their...
Julian L.
Sewage came up from the toilet, is it me or the HOA responsible?
There has been a major plumbing issue in my condo, since I bought it in early 2015. I have witnessed at least 2 other units with severe water damage because of the plumbing in common areas. Could this be a case of HOA...