Joseph Heimann
Repair or Improvement for Taxes
Looking for advice on a specific tax situation.In 2019 I had to repair some rot in the structure of one of my rentals. They ended up needing to remove and replace 2 of the larger windows. Finishing up my taxes now and...
Keith W.
Conversion to Sewer Costs
Any ballpark figures on the cost to convert a cesspool to public sewer?I imagine the costs and rules will differ depending on location but, is it $5k project, $20k, $50k? Would you buy a home with a cesspool?
David O
First House
I purchased my first property from a tax auction. My dad and I went in on it (my mom also helped quite a bit). The house was built in 1941. Around 750 sq ft with a recently renovated exterior. 2 bedroom and 1 bath....
Steeve Breton
Visually Impaired (Blind) Tenant?
Anyone have experience renting to a blind tenant? I have a great candidate, seems like a good/clean tenant. As does his 20yr old daughter who will live with him. Planning to move forward with his application. My...
N/A N/A
Can I take money from my brother and not return?
Hi Experts,
I am new to U.S. as well as Real Estate (moved from India to U.S. last
year). I live in PA with my wife and son. I am buying a house in
Pittsburgh, PA. My brother is staying in MN (Minnesotta) and he wil...
Wade Mattingly
Anyone familiar with Builders in Denver Metro Area?
Hello,
I've got a 15 year history with investing in rentals, property management, and new residential construction. I've decided I would like to move out to Colorado. I'm somewhat familiar with Denver Metro as I ha...
Brennan Utt
What would you do ?
Hello-I just bought this house and want to redo the bathroom. But there is a window when I want to bring th shower over . I was wanting about removing the bathtub since I never take baths and there is one in the hall ...
Raquel Baranow
IRS Audit, Should I be Worried?
I made "mistake"? on prior 1040 by listing my business expenses on Schedule C. (Makes sense, business deductions on Schedule C.)
Now I'm told I should do it on Schedule A so I filed amended return with deductions -- ...
Early C.
What to do after terminating a contractor
I just started my first rehab using a 203k/streamline loan. After 30 days of excuses why contractor can’t start, no clear schedule, minimal communication and ultimately minimal results, I fired him. Currently I pai...
Andy Collins
When The Maintenance "Gremlins" Hit, They Really Hit!
I have 5 rentals that I have owned for several years now, all 'cash cows' throwing off money, with few maintenance problems.Since Christmas, I have had to replace the water heaters in 3 houses, had the blower motor an...