I had an accountant prepare my taxes a few years ago and she depreciated some water heaters using a 15 year schedule. I followed suit and did the same thing when I did my taxes last year. Now I'm using TurboTax and it...
Hello BP family! I am hoping to get ideas on how I can refinance my property:
I bought my first property a little over two years ago using seller financing with a wrap around mortgage. It is a four bedroom home in wh...
I own a small house in Arkansas that I rent out primarily to nurses (intermediate-term rental) and have a construction company that is doing a local project and wants to house one of their crews in the house for 3 mon...
I'm in escrow on a property in San Pedro and I'll be inheriting more tenants than are on the lease agreement in 2 of the units. Looking further into the RSO I see that you can raise 10% per additional tenant not liste...
Good morning everyone,Curious to see if someone could help with the following question:If I perform a cost segregation study for a short-term rental property purchased the previous year, would I amend the return for t...
I was unaware that I would have to pay taxes on depreciation when I sell my rental property whether I claimed it or not...which I haven't done for the two years I have owned it. So now I'm trying to figure out how to ...
Hello all, just made my account here on the site to get some advice. This is the messiest deal and worst real estate agent I've ever had the displeasure of doing business with. Please feel free to skip the details and...
We have a multifamily property that is in a designated A14 for flood zone and as such in a higher risk of flooding needing a flood insurance. We did not get a certificate of elevation via land survey before we bought ...
FYI: Will repost this in the Property Insurance Category since I did not get any comments when this was posted in my local area. We have a multifamily property that is in a designated A14 for flood zone and as such in...
I just received a court date for a money judgement complaint for non payment of rent. i had filed in October when my tenant was behind by two months. By the court date she will be behind by over 6 months. Can I amend ...