I had situation this year that I'm not sure per tax code if the costs would be deductible or require depreciating.
Accessibility modifications, which could be wheel chair ramps, door widening, shower modifications. ...
How's it going BP members. I have been a fluid reader for months for this forum and I have just made an account today to be able to contribute more to this fantastic community! To tell you a little about myself, I am ...
Hello Fellow Landlords,I have beautiful old bricks at my property and now that it is finally rainy season in California, the moss has returned to the bricks. My problem is that the moss poses a slip hazard that I'm un...
I am looking at an opportunity:Single Family, Ask price $44,900 (projected purchase price of $40,000)Taxes, $1,400Rent $867/month (rented with long term tenant)Assumptions:5% vacancy10% maintenance5% reserveOh this wo...
Hey guys...I just read that the Biden Administration is seriously considering axing 1031s to pay for the next huge government sponsored spending plan (Family Plan). Besides the potential of eliminating the "step-up" ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $240,000
Cash invested: $13,000
Another house hack in the books! Listed in a HOT market at $240,000, this 3 b1 ba b...
Hey Guys,
Does anyone know a private lender/hard money loan that can help finance just the construction portion of a project in Los Angeles? Not sure if anyone out there is able to help with this scenario.
Scenario:...
Real estate investments can come in varied shades. One of these would be for instance the ultimate far sighted vision of one day owing bigger home, yet in the mean time making the decision to downsize ones expenses by...
Blue collar neighborhood
House: REO listed $79900. 3/1 1250sf. Planning to bid $60-65k cash no contingencies. Will have a few days to confirm contract. On market 30+ days at 80k price.
Recent Reo sales 80-88. Recent ...
Hey, folks! I wanted to touch on an important topic that I've run into quite a few times with recent new clients I've brought on. I'm surprised how many people don't even know what's possible when it comes to protecti...