dana asked:


I am planning to rent out my house. I have made considerable renovations to the property. I was told that I could write these home improvements off when my house becomes a rental prop. What I am not clear on is whether I can write things off if I am working with a property management company or if I must manage the property myself. I am not sure if there is a difference.

I would appreciate any clarification on this from people in the know! I want to be assured that I can write off these improvements, as it exceeds $25,000 at this point. Thanks.

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Stephen D asked:


My father is dying and all of his property has both his and my stepmother’s name on it. He has no will. Would the rest of my family have any right to any of the property? I fear my uncles may be after some of the property.

Peggy D asked:


I am an american living in France married to a French. We would like to buy a property in California, USA.

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infinite_1 asked:


I have a piece of property in Louisiana. An oil rig is going up about 400yds from my property. How close does my property have to be in order to receive royalty payment from an active rig.
Thanks
Infinite_1

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Chris–DatsMe asked:


hi,

planning on going into property development. has anyone got any ideas/ tips of how to acquire property’s that have the potential to sell for the top listed price on the road but up for perhaps 40% less than that, that may be in need of modernisation only.

thanx!

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Curious G asked:


I have a retail commercial property. It has 3 store fronts and all three are rented out. I was wondering if I can make extra payments from my personal income toward the property’s mortgage and use the interest paid toward lowering my taxable income on my personal income?

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jen_the_dog_lover asked:


My mother needs to put in a new fence and it seems as if the previous neighbors put the old fence about a foot inside my mother’s property. Of course, if she will put in a new fence she wants to make sure it accurately covers her property. How can we determine where her property boundary lines are at, before seeking a land survey? What LA county office would house this information?

amberdanddavidj asked:


Hello we recently applied for a rental home with a property manager (in V.A.). We have spoke to the owner who is very nice and she required no credit check and said that in her mind we were already “approved” she had to get a property manager b/c her and her family were moving to a different state. Just wondering how long it would take this property management co. to approve/deny our application. And what there normal procedures on the approval were. We paid a deposit of first months rent and app. fee of $40.
Thanks.

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Daniel S asked:


I live in Minnesota going through a dissolution of marraige. My understanding is marital property and debt is divided 50/50. Each party keeps all property and debt prior to the marraige. I believe like a car is considered sole property when that person is the only one who uses it. I believe the debt still will need to be paid to me even though it is consolidated in other loans.

Vivalamitsu asked:


We sold our house and bought another one in the middle of the year. What property tax amount should i report on my income tax return? The full amount of taxes for the new property or should I report the pro-rated amount I gave the buyer of my old property and the amount paid on the new property minus the pro-rated amount the sellers gave me on my new property?
Hope this makes sense……