Tony C.
What to repair/replace
Hey guys I’m trying to get into my first multi family, if everything goes accordingly I wanted to know what you guys recommend. It’s a 3 over 3 both units need rehabbing. Should I just repair the walls plaster sand pa...
Buddy Holmes
offset of property sale gains with passive RE losses
I have a tax question about passive RE losses and LTCG's from sale of passive RE investments.Specifically this year I have a small cash out of a 1031 exchange of DST'S (Delaware Statutory Trust).I have net passive los...
Ken Hipp
Partnership agreements
@Jon Holdman, would you recommend some type of "Partner Agreement"? is there something out there...general contract form a lay person could write up and have hold up in court? ps love this site!
Anuj Khosla
Help Analyzing a Deal/Market
Hi BPers!I'm currently analyzing a deal in Powelton Village in University City Philadelphia. The deal is a portfolio of 3 buildings on 33rd and Baring. Building 1 is a new construction Tri-plex with large 3br/2ba unit...
JJ Williams
So many stains
We’re really going through sheets etc right now. We are using white bedding sets and bleaching, however we’re having alot get ruined. Most recently we brought in a patterned set and even that is stained. We are treati...
Justin Wallman
Laminate Flooring Depreciation
Does anyone depreciate laminate flooring in the event you have to replace some or all of the flooring when a tenant vacates? Similarly to carpet? Maybe a life expectancy when a new tenant moves in?In other words, the ...
Ryan Lamothe
New member saying hello
Hey guys! My name is Ryan Lamothe. I live in Atlanta, GA and have been in the marketing field for over a decade. I recently sold my agency and am looking to go full-time into Real Estate investing. I'm eager to hear a...
Sean Wilt
Do I pay Sales and Occupancy Tax on cleaning fees?
I know I will have gross revenue from rentals for income tax purposes which would include cleaning fees collected. For income tax purposes, I know I can deduct the actual cleaning costs so that portion of revenue bec...
Karan Agarwal
Seller Negotiting Rent Renewal for Current Tenants
Hello, I am writing an offer for a property that is currently rented at market rent value. The seller wants to close urgently and in addition to negotiating the price, I would like the seller to negotiate with the cur...
Ed B.
Projections for interest rates?
As everyone likely knows interest rate cuts that were projected to happen so far this year haven't happened. Instead, rates are increasing. If Donald Trump wins the November election, I'm projecting and hoping rates...