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So say you've been depreciating a property for 10 years. Year 11 rolls around and you completely replace the roof. Does that just increase the remaining depreciable balance (basis) for 17.5 years? Or do you deprec...
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How many hours a week does everyone spend solely on real estate?
What does the breakdown of that time look like? (ie 80% marketing, 20% follow up, etc)
Are you working more or less as you find success in real esta...
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Hey Folks,April 15th is right around the corner and I constantly see the same tax questions pop up in the forums. Hopefully this thread can help serve as a running list of real estate tax questions and answers. Ideall...
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So I was listening to the podcasts the other day - and I could have heard wrong - but a guest said that they always come in at 70% of the asking price and then deduct rehab costs below that number. When I run this ou...
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I was driving through Salt Lake City yesterday and couldn’t help but notice so many of the FOR LEASE signs plastered on all of the commercial office buildings lining the main highway. Most of these high-rise office bu...
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I have a question regarding late/NSF fees. I attempted to pay my rent online this month since I wasn't able to get a money order in time to pay the rent. I used their payment portal which only allows transactions dire...
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I am looking for some advice from the experienced landlords out there. I am in process of filling my new SFH and have a tenant that is interested in a 3-year lease or longer. I have yet to do the full background che...
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Hello investors,
I am Canadian and our housing market here in Ontario is so unaffordable the numbers mostly don't make sense as rentals. Therefore I'm now looking to start investing in RE in the U.S - prefer neighb...
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Hello,I'm 34 years old and have been investing in rental property for about 10 years. I started when i was in college and enjoyed it enough to continue buying them on the side. I'll try not to drag this on too long, b...
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Was curious if anyone was buying cash and closing and then reselling to another cash buyer who wants to rehab and flip or hold for a rental etc.My commercial real estate business keeps me very busy with clients but I ...