I saw a post last week where someone lamented how many success stories and how few horror stories get posted on here. So I thought I'd start one to give a little potpourri of what I experienced in the last week in my...
Flipping channels, watched 5 minutes of JB’s first campaign rally. Says eliminate stepped up basis on capital gains to help lower cost of education.
Hi all, I was looking for some advice. I have a situation in which an upstairs condo leaked water into my downstairs investment condo and did damage to the drywall on the ceiling of the bathroom, parts of a bedroom an...
Hey guys, this falls under a tax strategy question, however some of you may have had this scenario happen before.
I'm looking to sell a commercial property that has one renter in the building (business commercial). ...
I'm an American citizen closing on a Riviera Maya property in the next few months. It is a lifestyle purchase, meaning partly for personal use and partly for short-term rental. I plan to get dual citizenship (U.S. and...
This is my first multi family property and one of the tenants are moving out early. I found another tenants but I am unsure if i could use security deposit (from the tenants who are moving out) to pay for deep cleanin...
What's up my fellow members! I have a couple quick questions. I bought my first duplex in the beginning of October this year, and I was wondering when the best time would be for me to meet with a CPA? Should I be doin...
Hey BP -I'm new to investing and can't quite grasp when a good time to refinance is, so bear with me..I purchased my first and only property 2 years ago with an FHA loan and have a question about refinancing.Details:P...
I'm trying to analyze a property a day and wonder how you properly estimate some items: monthly insurance specifically. I'm properly overestimating CapEx for now. On the property I'm analyzing, I have a negative ca...
Hi all,
I wanted get some opinion from BP nation on a property I bought in Jan this year to see if it makes sense to do a cost segregation study and accelerate depreciation on it. Here are the numbers:
315k - land v...