We have a property that needs a new roof. I don't want to use our own money to finance this and the roofing company does not do payment plans with investors.What suggestions do you have to finance the roof? It will be...
I recently completed the purchase of my 3rd sfh rental. As of now I have a total of 4 properties including my primary. I figure I have somewhere in the neighborhood of 1-1.2M in equity overall (300k equity in my prima...
I am a tenant living in Chicago. I lived in an owner-occupied building with 2 total units. I moved out March 30, 2024 and just recently received a letter from the landlord (54 days later) with deductions and reasons...
I have a tenant in NV that gave 4 days notice and vacated 3 months early. I do have an early termination fee clause -which he did not pay. The place was left clean as we had a face to face as soon as he gave notice....
Hi - I recently rented a SFH to a tenant. She for some reason doesnt want to move in now. i had to turn other applicants away as I was waiting her to move in and she kept promising I will set up the rent online and wh...
Hi all, we bought a STR in 2022 for 380k, renovated it for 200k in 2023, and rented it out in July, August, September of 2023 with an average stay of just under 6 days. We’re changing our plan for the property in 2024...
Hello, I'm a long time lurker but I believe this is my first post. While I have upcoming meetings with a real estate CPA, attorney, and a financial planner I want to reach out and see if anyone has some insight.My bu...
I have an investment property in an LLC acquired through a 1031 exchange. Should I decide to demo the property in 4 years and rebuild, can I do a cost segregation analysis and use it as a primary residence or will the...
I have used a CPA in the past when I had 2 S Corps but when I closed them I started doing taxes my self with good old Turbo Tax. I am pretty sure I take all the deductions I'm due and I've vehicles such as as solo 401...
For those of you who have multiple units, I assume you do not do the cleaning work yourself and you always hire people to do that. How much do you spend on them? How do you find low cost and reliable workers? Do you d...