For your investment properties, do you pay for a new termite bond if it isn't already in place?
Hey guys, looking at a deal and ran across something I have not seen before. It is being sold in 2-20 block sections and you can buy an on site sewer treatment plant as well. They are vacant and need full rehab. Is...
I see a lot of questions about personal residence disposals and their tax treatment so I figured I would just post a quick summary.
I once read that there is no other asset class given greater preference by tax law t...
What is the tax treatment for the different income streams from Lease Options? Is the Option fee self employment income (business income) when rec'd by a "future potential buyer"? Can the monthly income be "rental i...
Below is a big window in my new rental property. Currently, there are no window treatments or curtain rod. Since this is my first rental, I am looking for an approach to this issue. Should I leave it as is and let ...
I am curious if anyone here does private lending and if so how do you classify your income? is it deemed to be purely passive or can it be offset against losses from real estate income?
Hey there!We are expecting a termite treatment at our 4-plex. I also received a quote to replace damaged wood (as termite company does not do that). If I leave the damaged wood the way it is, are there any risks invol...
Hello Everyone I’m selling the home for $180K to Conventional buyer no closing credit. It is Listed for $189K. I had FHA buyer was offering full listed price but $5K closing credit but I accepted $4K lower offer becau...
Hello –
I'm looking for confirmation of understanding/ advice relating to transferring property into LLC and treatment from a tax perspective
My parents completed a 1031 exchange over 2 years in their own names – t...
If I find that two of the units in my building have bed bugs infestations, it is necessary to have all the remaining units and common areas in the building also treated for bed bugs? The bed bug company we're using i...