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Early in January, our duplex caught fire, destroying the bottom unit. We fully renovated it and placed the tenants. This is our best performing property and I really don't want to sell it, but after getting a notice a...
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A few questions...........To what extend does depreciation really affect a person's taxes/capital gains on a property when it is sold?Does it benefit or harm a person to claim LITTLE TO NO depreciation each year on a ...
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Hello all...my friends, haters, new people,...everyone:)I often get comments on other threads about how I "hate" etc....so here I am...posting in the unlicensed broker forum! Here's what I tell new people about invest...
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This is my first self-managed property, a 4 plex I closed on this week. One of my inherited tenants is moving out on the 25th, although the lease is to the 31st. That said, he arranged the gas to be switched back into...
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Hi everyone,
I'm new here, thanks for letting me join the discussions.
My question is regarding how I can politely ask one of our tenants to clear possessions from certain areas of their unit. We just had to run a ...
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My PM has stopped replying my texts and answering my calls.He was coordinating a rehab and he was also finishing up an eviction.His last message was that he admitted he was slacking off and wanted to talk to make thin...
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I purchased a single family home good quality location in Chicago’s Northwest Suburbs in Cook County as a personal residence. At the time of purchase, I knew I might not want to stay indefinitely and at some point to...
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to do a one house flip. Three of us are wanting to put = amount of money to buy and rehab a house then flip it. Profit to be split evenly. We are paying cash no loans. LLC seems cumbersome, cpa says it has to be regis...