Hi,
Background : I work in one of the tech companies in the bay area. I currently live in a rental unit 10 mins away from work which costs about $1600 per month including utilities. Pre-pandemic this was $2000. So it...
When you sell a rental property, depreciation recapture is taxed at higher rate.My question is do you owe the tax on depreciation recapture if you actually had no tax benefit from it during the years you were renting ...
I'm a wholesaler in inland empire area in California and over the last few weeks I have sent out 3250 direct mailer post cards to absentee owners with equity and all LLC were removed from my list. I have only received...
I put out a test add and had many inquiries. Ideally I could pick a client and buy a MH for them, and help them place it on a lot. It would be nice if they found a home of there liking, and I negotiated the price from...
As I walk my properties I am noticing an increasing usage of flushable wipes. Using sitting on top of the toilet tank.Are you noticing the same?As a landlord, is this a concern to you?I am sending this article from N...
I think this is a basic question about how depreciation works in a 1031 exchange and I think the easiest way to ask is through an example:I buy house A for $200k, over the course of 5 years depreciate $50k of it, and ...
Wholesalers, what's your process for creating a renovation plan and estimating rehab costs for your projects?
Hey bp,ers My question is what is the going fair rate for late rent fee ?
I saw this in depth analysis of the Zillow Offers product. This struck me"Going back to Exhibit 4, renovation, holding, and selling costs have averaged 3.0%, 0.9%, and 4.5% of sales so far, leaving a return before f...
im will be starting my first construction project next month. Once done the building will consists of a commercial space and 2 residential units. My construction loan of $400K will automatically convert to into a mort...