Dick M.
Furnace depreciation, where to post
I put in a new furnace this year, I known I list it in part III of my 4562, but then do I combine it with the property on my schedule E or does it get its own column?
Eric Fernwood
Best Properties for House Hack
House hacking is a proven method for generating income. We've worked with multiple clients to select and renovate properties in a way that if house hacking doesn't work out or your life changes, you can turn it into a...
Ron Sharp
Househacking a 6 bedroom primary residence
Hello all. I am in Reno, Nevada and will soon have complete ownership of a 6 bedroom, 3 bath primary residence. However, it will only be me and my two children living there. I think the upstairs portion of this house ...
Maria Vargas
Helping our tenants improve their credit thru rental payments
Hi BP, outside the obvious benefits we enjoy as landlords/investors I find it extremely rewarding to help people in different situations by providing safe and viable housing options in a pricey and competitive market ...
Alvaro Tuchan Jr
Property management/LLC formation/Collecting rent
Hello, my father recently made his single family home and is creating a 4plex in Los Angeles, CA which will be done in approximately 1 month. I have offered manage the property, since I want to begin real estate inve...
Mark Dante
Insurance on strip mall
I am looking into a strip mall that is for sale and am int he process of doing my due diligence. I have placed a call into an insurance agent but I am wondering if there is anything in particular I should be asking. ...
Santosh Prabakar
Negotiating with the bank
I'm under a contract to buy a fixer and the title company notified me the property has liens and the seller need to bring in additional funds around 20k to close it. The seller does not have the funds to cover the lie...
Sandra Pinzon
Chicago Illegal Garden Unit
Currently in the middle of attorney review. Buying a 2 flat with an illegal garden unit. In my letter we’ve asked that one tenant move out prior to close. They responded the garden unit will be empty. Is it legal (for...
Parius Futch
Looking for Private Money Lender's
Hello,I am looking for private money lenders to work with. My wife and I have investment in Detroit, California and Oaklahoma and a vacation property in Punta Cana, Dominican Republic. We are looking to take our busin...
Alex Smith
Appraisal for Reselling A New Construction?
Hi all,
I am located in North Carolina and am looking to have a builder build new construction and then I sell it once complete. I have a vacant lot that I can build a 1200 SqFt house on. The custom builders in the a...