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Results (10000)
Marty Rogachefsky New Refrigerator - Capital Expenditure or Repair?
6 September 2024 | 9 replies

New investor here!We had to replace our refrigerator in our rental, due to the old one breaking. Is this a Capital expenditure or an operating expense?I'm also wondering what the advantages are of classifying one as a...

Robert P. How will buying a 200k house and renting out impact Taxes?
9 June 2015 | 10 replies

First time buying a home. Home is in Massachusetts. Will be renting it out. Any clues on how my year end taxes (not property taxes) will be impacted by purchasing a home, and now having more income coming in. (besides...

Guy Gimenez Market Analysis / BPO Needed for property in Terrell, TX (Kaufman County)
3 January 2015 | 0 replies

Any agent who work the Terrell, TX (Kaufman County) area and can provide a reasonably priced BPO / Detailed Market Analysis on a tenant occupied property, please reply with your price and availability. Tenant is easy ...

Drew Dotson What are the risks involved with the "buy/fix/sell" strategy?
27 July 2020 | 0 replies

All investments carry a certain amount of risk. Some of the most common risks involved in a “buy/fix/sell” strategy are fluctuations in supply/demand of housing in the neighborhood, incorrect estimation of repair cost...

Darren Preuninger Basis to Determine Capital Gains
27 September 2022 | 3 replies

My mother owns a working farm in North Texas that she inherited in the late 90s. She is considering selling a portion of the property for another investment that would not be a candidate for a 1031 exchange. My questi...

Bryan Hartlen Typical closing costs as a MF seller?
2 July 2019 | 4 replies

From a modelling perspective what are the typical seller costs (fixed or % of sale price) that you model for closing costs on small, 10 - 20 door properties?- Broker’s commission(s), Title, Recording, others?Which of ...

John Morris Flipping a home after renting it for 6 months
27 September 2017 | 2 replies

We are purchasing a home and plan to rent it out for 6 months while we draw plans, apply for permits, etc.The construction/renovation will take another 6 months, so we will have property for over a year.Does this move...

Chad Clark How to obtain loan for land contract with no comparables.
7 March 2023 | 2 replies

I got a land contract during the COVID problem and the sales dried up making it so there's no compareables for an appraisal.   Of course, this in turn made it impossible to obtain a loan.   I wanted originally to use ...

Joe S. How did last weeks winter blast affect your closings?
23 February 2021 | 0 replies

How did last week’s winter blast affect your closings? So last week we had two scheduled closings. We had a closing to sell a property which the closing office could not close due to blackouts and such. We also had a ...

Carolyn Hodo Taxes on rental property with fiancé
10 October 2018 | 15 replies

Hi all,This year, my fiancé and I bought and moved into a house, and started renting out the old house. The old house is in just my name (the new house is in both our names). Both our names are on the lease as the lan...