Patrick Ladouceur
Rental Property Analysis
Hello, I am new to investing in real estate and currently in the analysis phase of investing. I live in Ontario Canada, I've found a triplex that I am interested in and I ran the numbers on what it would cost monthly ...
Alvaro Rodriguez
Should the buyer let the seller make the repair?
I have a house under contract and after inspection the house is in great condition and meet the 1% rule. However, I have requested the seller to replace the water heater and the electric panel board. Seller accepted a...
Mike C.
"Short Business Travel" Tax Questions
I do my own rehab, maintenance and management. One of my properties is about 160 miles from my hometown and that can be a drive of 3 to 5 hours, depending on traffic. Recently I did what I used to call a day trip to t...
Rick Oaks
Credit card charge back
Has anybody been getting charge backs on their credit card for the COVID-19 virus for Vrbo rentals?
Julio Gonzalez
Cost Segregation Helps Real Estate Investors
A cost segregation study is an engineering study that allows you to depreciate a significant amount of your real estate purchase price up front by breaking down the building into structural components which are expens...
Steve R.
Resident -> Non Resident Tax implication for investment propertie
Hi,I am currently a Resident of Texas and have 3 rental properties (+ 1 primary home) in Texas and have 1 rental property in Alabama. I am neither a citizen or a green card holder. I will be moving to out of country d...
Mitch Genser
Accounting and Bed Bugs
I am getting some mixed messages about how to deal with the accounting for bed bug remediation in an apartment building my company owns. Normal, regular and modest 'pest management' is clearly part and parcel of '...
Jay M.
Financing a cash buy
I'll soon be financing a duplex that I bought with cash, then renovated. I bought the house as a buy and hold.
The property has appreciated a lot because of the area and the reno, and will likely appraise at ...
Dawn Samuel
early temination
Renter moved in in February and there was a pipe to burst. Took a week to repair and I rebated the rent. A week later a sewage back up. This also took week to resolve. Renter wants deposit back and to move because...
Brendan Lawrence
To Tax or Not To Tax?
Tis the season for taxes! And here I sit wondering how the heck to go from here....I’m a self employed contractor with MANY areas that I can deduct in come tax season. Obviously I want to get this income number as cl...