Chris Sullens
Are all costs prior to placing a tenant considered purchase cost?
So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
Joshua Hardy
I own an exclusive easement to my property, can I stop the owner?
I own an exclusive easement to get to my property (which is an island, or an enclave since it's not surrounded by water) this easement is the driveway from the highway to my land. It goes through about 350 feet long,...
Account Closed
Including Rehab Costs with HML's? Can it be Done?
So I've seen a variety of answers to this question so I'd like to hear some personal experiences with this one. I'm wanting to know if a HML will lend rehab costs in the loan. Say a property is listed for 25K and need...
Sabrina H.
Want to setup an LLC in Colorado (partnership with my mother) for investing in rental properties
Hi! I'm fairly new to the site (been browsing for a week or so) and haven't landed on exactly the information I'm seeking, so I thought I'd post my questions instead.
My mother sold her house in the southeast recen...
Paul Scothern
Atlanta rental properties
Hi,
Here in the UK some realty agents are marketing Atlanta properties which they say give 12-14% of the property value back each year in rent. Normally here in the UK we get 5-6%, so this is of interest.
However, s...
Mark F.
VA loan or conventional for rental property?
Hey guys and gals,So I'm getting out of the service, transitioning to the reserves actually, if all goes well next year. Planting my feet in the New Jersey area, specifically Essex county or around there. I plan on bu...