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designation of standard /Construction 1031
1031 language needs added to my contract. I might/probably/possibly replace my property with a construction 1031. Does a construction 1031 have to be designated as such, and if I don't get a Construction 1031, but r...
Patrick Sears
Doing rentals with septic systems-yes or no?
Hello, I'm thinking about doing some ground-up rental property manufactured homes in semi-rural central Virginia, and they would be on new septic systems. Anyone have any experience with septics for rental properties...
Marc Shin
bathroom tiling vs LVP
For my STR, should I be using waterproof LVP or regular tiles for the bathroom floors? Does it matter?
Kimberly H.
Window replacement seems extremely HIGH Priced
It's a $2900 sf. duplex. I do have the option of just replacing the 10 pane windows which I got a quote for $2,000 just for glass replacement. I feel like I'm getting raped. Urggh! Anyone with replacement window ...
Remi Oguntoye
Long Distance Landlord
Hi All, I am a new real estate investor. I am planning to move approximately 550 miles away to a new state for a new job. I intend to maintain my primary residence, purchased just over a year ago, as a rental property...
Al Skerrett
Can you do a 1031 Exchange for an auction property?
Can you do a 1031 Exchange for an auction property? Has anyone done a 1031 exchange at a foreclosure auction or any other type of auction? In most counties in my area you have until 5pm the day of the sale to pay for ...
Jennifer Bott
Water Heater Replacement - To Sect 179 or not...
We replaced a hot water heater that stopped working for our tenant. The cost of tank and labor amounted to $800. From the research I did, it's pretty clear it has to be depreciated over 27.5 years as structural impr...
Greg W.
Alexandria, VA contractor recommendations
Hello,My wife and I purchased a house in Alexandria and close at the end of the month. I'm looking for recommendations for any of the following contractors:ElectricianWood floor sanding and finishingAsbestos tile re...
DeAndre Mason
Paint on old vintage kitchen cabinets
Hello BP I wanted to get your guys thoughts and opinions on what color I should paint my kitchen cabinets. I am remodeling but keeping the existing cabinets the doors were customize so they’re all different sizes so I...
Ida Powers
Window installation advice needed on live in flip
I am doing my first live-in flip and all the windows in the house need replaced. I've received 5 quotes now but there all from the bigger name brands and the price is high. I need advice. What do people here on BP do?...