Mansi Mehta
Are renovations in property deductible in addition to deprec?
Can you make the repairs like painting, fixing hvac tax deductible in addition to depreciation?Any good articles on the same?Thank you
John Lyszczyk
Self-Directed IRA Questions
My Dad is trying to buy raw land in Michigan by rolling over his traditional IRA to a Self Directed IRA. This is a long-term investment. I understand we cannot use this for personal use. I have a few questions that m...
Steven McCaffrey
Starting a Rental across the U.S. HELP
Hello, Let's get to business, I'm a young driven individual who's father moved outside the US and has a property in Las Vegas. I asked my father if I could fix up the house and rent it out so he doesn't have to pay a ...
Matt Carey
What would you do? - Triplex situation
I have a client who will be moving into a triplex soon. 2 units are month to month and 1 is on a lease. All the rents are below what they should be. All units are similar size and condition (not great, but livable). H...
Dan Fine
Best way to use our equity to start.
Hey guys,My girlfriend and I are looking to start investing in rentals and wanted a little guidance on how to use our current apartment's equity to do so. We're interested in moving out of Manhattan and renting for a ...
Jayagowri Deenadayalan
Multi Family Deal Anaysis - Help?
Hi, I am currently looking to buy a 36 unit multi family apartment. This will be my first multi family apartment. Can you please let me know if this is a good deal?Asking / Agreed - $1.35MTotal Income - $210,000 ...
Phil LeNeveu
Investing out of State
Hi BP,I am new to the site but I am vigorously doing diligence in order to start investing in a MF for a cash flow hold. Everyone on this site is more experienced than I, and was wondering if anyone ran into any probl...
Ethan Poe
Turning primary residence to a rental
I am a young professional and aspiring investor and am looking to turn my primary residence to a rental and purchase another residence and repeat. I am running the numbers on my primary residence to make sure it will ...
Therese LeDonne
Self managing first property
Hello, My husband and I are about to purchase our first property (single-family home, new construction, riverside county, CA) The house is about 45 minutes away from where we live. Neither one of us has any experience...
Elizabeth Elbel
Buyout negotiations - adjustments to appraisal?
I'm in an LLC and we jointly own a 5 unit multifamily property. One of the partners is interested in selling their 2/5 share and I'm interested in purchasing. To facilitate this, we had an appraisal done on the 5 un...