All Forum Posts by: Will F.

I was wondering if the accelerated depreciation can offset short term or long term capital gains from other assets -- stock sales and cryptocurrency sales?

Every time I sell I end up 1031 exchange into a larger property. 

Been doing this for 20 years.  

Enjoy your dollars taxed at 30-45% (depending on where you are and your depreciation recapture)

To anyone who did a 1031 into a NNN deal (A class tenants long term lease etc), what were the pros and cons for doing these deals?

What was your individual strategy and reason for uplegging into a NNN deal?

What's your end goal, or exit strategy for these?

Are they difficult to sell later or more costly in any way to resell?

I understand management requires less hands on work, but what about the long term tenants when they do leave or a problem comes up?

Any major risks?  I'm assuming if the population of some of these small mid west towns decrease, or theres a major recession certain brands could have issues.  I also heard that some of these leases are guaranteed by the central 'corporation'.  But I also assume during a bad recession certain businesses go belly up as well

 Hi Bonnie could accelerated depreciation/loss be used to offset capital gains/ short term capital gains?

So does the cost seg/ accelerated depreciation work best for a real estate "professional" status person only

Is accelerated Depreciation still allowed in 2022?

I'm purchasing some properties this year and thinking of doing this

Also I was wondering can real estate losses from this depreciation offset crypto/ stock gains or is it just to offset w2 wage income?

Thank you

edit--perhaps i should have put this in tax questions?

Hey guys it's been a while since I posted.

I was wondering what the current best tools for finding Data for real estate searching are.

I currently use Property Radar for California properties.

I love https://www.city-data.com/ for free demographic and housing data using heat maps

I also have a paid sub to mashvisor, but don't find it much more useful than the free stuff I get from city data. I didn't find it that useful.

Any other good ones?

Also I've used Costar for commercial properties but it has gotten way too expensive.  It has more data than loopnet, but often the data isn't up to date.

Hey I recall Trulia used to have heat maps that showed Sales Price, rent prices, etc on heat maps that were local.

They were really useful but they were remove when Zillow bought Trulia.

Does anyone use a heat map that shows Sales/rent prices, home values etc?  On a zoomed in micro perspective.  They usually work with google maps?

I also use www.city-data.com for heat maps that show color gradiant for maps for median household income, demographics etc.

 What if he used the funds for improving the property though? Don't you have like 90 days to spend funds from sale to improve property??

Pass, if you have experience you would.  

I have multifamily 10 u, 7 u and i also have a duplex