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...
I am asked on my rentals if I take Section 8 tenants. I never say no, I always say it depends on the financial numbers. I have never had a Section 8 tenant apply. What has been your experience with Section 8 tenant...
Yep—another newbie here, wondering what I'm missing ... I have only recently learned that owning my properties free and clear puts me in a more vulnerable position for liability and know now that I need legal asset pr...
So, a while back I posted a question about having multiple investors all making small investments to my LLC. That sounds like it's really hard to set up because of the SEC rules.
I have a different idea I wanted to ...
First post!
I really hope I haven't missed a discussion on this, I've tried doing a search on it here, and it mostly leads to discussions about how inaccurate Zillow is. :) Be that as it may, I am interested in usi...
Whats the easiest way to learn the short sale process
I am writing to seek some help with a recent property I just acquired (or so I thought). I have been attending trustee sales for a few months now, and finally pulled the trigger on a property this morning. However, a...
I will be turning 19 in two days and I start classes in community college in January. I have contemplated over beginning a career in Real Estate for some time now. If anyone reading this can give me legitimate advice ...
Hello,
I have a solo 401k that I have not done much with but thought about using it to purchase buy and hold rental properties. I'm interested primarily in multi unit properties duplex to fourplex and would be looki...
I am considering purchasing a small handgun for protection when going to look at properties in unfamiliar areas. Is this something I can write off at tax time as a business expense?