Is it just me or does anyone else feel like this SBA loan / paycheck protection program is going to be scammed to death by everyone and their brother? It just doesn't make sense. What if I (purely hypothetical) had ...
Good morning all! Had a quick question about when to depreciate SFH rentals which we are currently buying and holding long term.My wife and I are on contract for our 4th property (2 with a mortgage) and we've been ask...
HelloA shower knob broke in my rental most likely the cartridge is broken. I am wondering if I should replace the entire faucet with a new one and probably the shower too? Enter set is about 3 years old.How much it ma...
We are challenged with structuring a lease option on the property that is market driven for the area.The home was analyzed at $250K. The rental market is $1700/month.What are the formulas for this area that will maxim...
I constantly see properties for sale (REO, etc.) that say "Occupied. Do not disturb tenant" No showings". Why are these "tenants" (some have leases, some don't) allowed to stay against a property owners will? Where h...
all these old houses have the same issue. the wall is 2" deeper than the tub and you cant put tiles there to prevent drywall damage.you fix the drywall and it comes back. i am guessing the tub has a slight pitch and t...
Hello everyone,
First let me say thank you for making this such a wonderful site to visit. I just found this place a few weeks ago as I started researching the possibility of getting back into the real e...
I regularly flip houses, and consider it my business for tax purposes. Thus, I pay income tax, as well as self employment tax on my gains. I am planning to sell my personal residence, most likely with a profit, and wo...
Me and my partners will be selling our first flip next week and we are trying to see how bad the capital gains tax will be for each of us. There are 3 of us in on the deal; Me, my brother, and our partner(Brendan). We...
Hi everyone, this is about new construction in Connecticut (CT).Roughly 85-90% of homes have full basements, and I think there's a psychological expectation in the market for a full basement in New England, to the poi...