Dana Regan
Can one of my LLCs loan my other LLC money?
I currently have an LLC for my consulting business (not real estate) and want to loan my real estate LLc money for purchase and renovations. Is this allowed? Or do I need to make a disbursement to myself to fund the...
Andrew T.
Landscaping Buffalo ny
Hi all,Just bought a home in Buffalo New York. It is my primary residence. I got a quote on some landscaping but as I have never owned a house before I was wondering if anyone would be willing to look at it. Thank you!
Eric Williams
Real vs Personal Property - Cost Seg and Capitalization
Another thing I thought I would mention in regards to cost segs is they generally increase the amount of tangible personal property, which is really anything but real property and intangible property.The definition of...
Frank Chen
HVAC Depreciable Life
What is the depreciable life for a HVAC unit within a commercial building? Is it considered equipment depreciated for 7 years or qualified improvement property depreciated at 15 years? I'm not seeing a clear answer un...
Sam Booth
Best insurance companies to insure single family rentals?
Looking for insurance on single family home rentals, any suggestions?
Mike Moreken
My first listing for rent in NJ
3 Bedroom, 1.5 Bath single family row home. 1120 sq ft. New roof, carpeting, painting, sinks, lighting fixtures. New refrigerator; old range/oven, clothes dryer, washing machine, garage, plus ADT security service prov...
Conor Olstad
Getting a loan after less profit year over year
I am looking to get my first rental property. I own a house and rent to 3 friends - an electrician, a plumber, and a carpenter. I want to invest in a local foreclosure, fix it up, and rent it out. I am self employed a...
Edgar Soriano
Single Family with Septic and Well in Canada
Hi Everyone!I'm looking for advice on homes that use septic systems and well water. In the area that I'm looking to invest in there are many deals for homes that use these two systems. Its pretty common just outside...
Ken Lee
How do I prevent theft and transient moving in while remodeling?
Background: I have located a quadplex in a low-income neighborhood with NO tenants. The seller is trying to get rid of the property because he is having trouble remodeling all the units in the quadplex. He reported...
Diem Tran
How to value of a business on a personal financial statement?
Hi Everyone!Could you please tell me how I would value a business for a personal financial statement that I would be submitting to a bank for a commercial property loan? I own a photography studio. I lease the space ...