Are there any specific rules for saving/Accounting for Capital expenditures? I want to get a better understanding of how much should be put aside each month for Cap Ex. Also if it is possible is there an example that ...
Hello, I'm the President of a 6-unit HOA that is going through a difficult issue that involves damage to an owner's ceiling that was caused by a different owner. The problem started when the basement unit's owner noti...
I need a recommendation on a lawyer in PA in Lehigh Valley to setup an LLC. I read I need a business agent in PA. How long does this process take? How much should I set aside for a lawyer?
The building department wants the wall that separates the 2 units fire rated 1hour. I have no idea where to start. I asked the city for some help and they send me to google. Any help is appreciated thanks.
I have a duplex under contract that needs rehab. Looking to do this under a 203k loan. There is a lot of red tape involved. With that being said I’m looking for A licensed GC with experience in doing rehabs under a ...
The 1031 Exchange has been one of the most tax efficient investment vehicles available to real estate investors for many years. However, with the creation of Opportunity Funds under the Opportunity Zone program, the 1...
I'm gearing up to take the next steps in my REI journey. Currently have 5 properties (2 LTR and 3 STR) with waaaaay too much equity in them. All are paid off but one, and that has a LTV of about 20/80. I'm looking at ...
In the realm of real estate investing, the IRS sets guidelines to differentiate between active and passive participation for tax purposes. Understanding these rules is crucial as they impact how investors can deduct l...
I currently do my own bookkeeping and taxes (for five rentals) and am generally comfortable doing so. However, what I need from time to time are answers to tax related questions that come up. I currently have an att...
Hi all, I just sold a property and am in my 45 day window with a 1031 exchange to identify a new one. I did so early on and went under contract, but the inspection revealed MAJOR structural issues that cause use to te...