Tony Hightower
Residence into STR depreciation and cost segregation
If I turn my personal residence I have owner for 9 years into a STR, what value do I use for depreciation of the property?Can I also do a cost segregation based on that value?I have several LTRs but not any STRs as of...
Brittany Olofsson
Tenant wants to make upgrades to house.....
Our tenant wants to upgrade the master bathroom and kitchen cabinets/countertops. They definitely do need to be upgraded but it is currently not in our budget. The tenant certainly has the means and the funds to make ...
Laura Hamilton
Trying to add rental listing on Zillow, but data gets changed?
We've been trying to add our rental unit listing on zillow, but every time we go to see the published ad on zillow, the listing has changed from a 1 bedroom into 2 bedroom condo, the square footage is wrong, data is w...
Adam Meza
I have two wholesale deals now what?
This is my first time wholesaling in Los Angeles I have some contracts I've printed out but I'm a bit worried that they wont protect me legally if anything goes wrong like if my investor decides not to move forward et...
Jeff Caravalho
handicapped accessibility for long term elderly couple
Hi all,Looking at an elderly couple for tenants but she has a bankruptcy Ch. 7 from a fused spine injury that ended her carrier. Both FICO's look good, low debt, steady retirement income 4x the rent, previous referen...
John Pearson
plan to sell home and keep as rental with no tax
young couple with spring wedding plans. Each owns SFR as primary residence, she with 2 roommate tenants .Plan---while they are still single,she sells her house to him,avoiding tax on any appreciated value, after wedd...
Jordin Boyd
Tenant moving out early. How do I handle this?
My tenant is moving out early and forfeiting her deposit. I need to put an ad up to get the place rented as soon as she is out. Should I send some kind of official statement/document that indicates we agree on the dat...
Doug Scheetz
In need of some help
My buddy is in a bit of a situation and we need some advise. My friend moved in with his new fiancé and they refinanced the mortgage out of her exs name and he basically co signed the refinance because she couldn't af...
Xiao Wu
check with tenants constantly to see if repair is needed?
Have been a landlord for several months. So far the tenant hasn’t reported any issue yet. I see today is the last day of 2020, do I need to check with my tenant to see if anything is wrong/broken/needs to be fixed? Or...
Jonathan McGarrity
Guarantors on Loan to LLC
I am securing lending for an LTR. It is the first property our LLC is purchasing. There are 3 members and ownership is split equally. The plan was for me to be the sole guarantor. The lender wants the guarantor(s) to ...