Deanna Boss
Who washes sweaters in bathroom sinks?!
So after spending some quality time to resolve a clogged drain (hair) and replacing some worn parts our tenant's bathroom sink was working perfectly. Draining like a champ. We did not charge the tenant figuring this w...
Brittany Puzar
Basement Dig Out in Philly worth it?
Hi! Currently getting quotes from contractors to expand and finish the basement in my south philly row house (east passyunk). We have a portion of the basement unfinished with 6' clearance and a portion that is crawl ...
Matt W.
Who has achieved financial freedom owning only SFHs?
Listening to various podcasts, it seems like the typical playbook that many successful investors follow is to start off buying single family homes, move on to 2-4 units, and eventually 1031 or pull out equity and get ...
Anthony R.
You can't escape Healthcare and Taxes
So I'm in the final stages of living 100% off of my rentals. As I prepare to take the final steps (probably in the next 12 months or less) I'm trying to answer a couple nagging questions I have. First, is there any t...
Pablo Madrid
de minimis safe harbor expense or bonus depreciation, tax on sale
I have some expenses which could go either way on de minimis safe harbor or to capitalize and depreciate to deduct. Assume i bought a rental house for $100,000 on Jan 1. Land is worth $10,000 so depreciation is $3,272...
Joel Owens
Upcoming Housing Market Crisis.... Will it happen??
I read a recent article today. Wanted others thoughts on it.Mortgage Home Loan Crisis
Robyn Henderson
Automating Steam Boiler in Brooklyn Brownstone
My family owns a 3-unit brownstone that has a boiler that is at least 60 years old. On a weekly basis, the first floor tenant checks the water sight to ensure there is enough water in the system and also flushes the s...
Cindy McHugh
Titles & Back Taxes on Mobile Homes in Georgia
We purchased a 56-lot MHP in Georgia on March 1, 2013. It was bank-owned for 3 years and suffered from neglect. We're trying to get it turned around and have done 11 evictions so far (of 39 occupied lots).
Th...
Sameerah Baker
Unauthorized (?) Storage
My tenant has a boat in the yard. This is a single family residence. It has a smallish driveway (1.5 cars deep) and smallish yard. The boat (which is not covered) is at the far back of the driveway but since the yard ...
Cheryl C.
Installment sale tax treatment question
I've got a property that I've owned a long time and it's been depreciated down to practically nothing (condo, so no land). I'm selling and I have a buyer if I will hold the paper. Say I get 20%dp, interest only and ...