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Economic Update
(Monday, June 15, 2020)
It’s official: The longest expansion in U.S. history ended in February as the economy fell into a deep recession, according to the National Bureau of Economic Research (“NBER”...
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I have an apartment complex in which one of my tenants has apparently gotten bed bugs. She told my office manager two months ago. As soon as she told the office mgr, the office mgr called me. I immediately calle...
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Economic Update (Monday, October 12, 2020)
Make no mistake: no one has enjoyed this Pandemic and...
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I don't understand the term Equity. Can someone please break it down in RE wholesaling terms. I looked up the definition and this is what I got..... The difference between the current market value of the property and ...
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Hi, a family member and I are considering investing in our first investment property. I've read that forming an LLC to purchase the property is a good way to protect ourselves from liability. However, I also underst...
I have a rental that I purchased in 2007 and it is still at the bottom of the Marianas Trench. I see fish when looking out of the windows. The property is in my name, and I need to move it to an LLC for liability. I w...
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Anyone know much about Knock.com? Home buying/selling website? Are there commissions? Cheers!
I am looking for advise on how to best utilize CCA in my rental properties. As I understand it CCA can be used to lower your taxable income, but it is recaptured when the property sells. Is it worth claiming this dedu...
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Hey BP, I'm looking for a tax guy in Salt Lake City. I only have one rental and this will be the first year claiming rental income.Anything helps,thanks.
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A colleague has suggested getting a fico score that qualifies for roof-top solar panel incentive grants. He claims this can add 20% to the ARV of a property because it confers public subsidies and benefits to the own...