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Results (10,000+)
Matt W. Help me understand depreciation recapture!
12 June 2024 | 8 replies
Another CPA can correct me if wrong but I don't think there's going to be any recapture here.27.5 to me implies 1250 property and if acquired after 75' means no additional depreciation to recapture.I think there would be unrecaptured 1250 in the amount of the depreciation taken previously, max 25% at ordinary rates.The total gain less unrecaptured 1250 I believe would be 1231 capital gains, not considering other factors like look back and netting rules.Also the land would be 1231 and would get capital gains treatment.And personally I would subtract selling costs as a capitalized selling cost.Amount RealizedLess: Adjusted BasisRealized Gain/LossLess: Selling ExpensesRecognized Gain 1001I could be wrong though so correct me if so.Article for those interested:Depreciation recapture in the partnership context (thetaxadviser.com)While Sec. 1250 only requires additional depreciation to be recaptured as ordinary income, Sec. 1(h)(1)(E) subjects unrecaptured Sec. 1250 gain to a maximum tax rate of 25%.
John Matthew Johnston My Flaw with BRRRR.
12 June 2024 | 20 replies
There are choices for the comparable sales inputs, discretion used for the adjustments, etc. 
George Tesfa Explaining different types of commercial loans
12 June 2024 | 3 replies
They typically have fixed or adjustable interest rates, terms ranging from 5 to 20 years, and amortization periods of up to 25 or 30 years.SBA 7(a) Loans: The U.S.
Robert F. Repair contingency- no progress has been reported
12 June 2024 | 4 replies
Moving forward it is best practice to obtain your own third party estimate for repairs and use that support the repair contingency or price adjustment so that the seller has no influence on the cost estimate or timeline.
Farrah Buff Airbnb Cleaning in Washington DC
12 June 2024 | 7 replies
You can accept the bid, and then talk this through with the cleaner to adjust the price and making sure all your demands will be attended professionally.
Matthew Gilmore Single family w/ detached garage!!
12 June 2024 | 14 replies
While a single stall garage might be only a ~10k adjustment on an appraisal depending on your local market, the lack of garage can kill market value which is harder to predict.
David Hoke Assisted Living - Independent Living
11 June 2024 | 21 replies
I am more concerned about calculating accurate expenses and how operationally intensive it really is.  
Kristen Haynes Nationwide Monthly Housing Market Trends for June 2024
12 June 2024 | 6 replies
Adjusted on a per-square-foot basis to account for more small homes being listed compared with 2019, the median price increased by 52.7% since May 2019.The number of homes for sale improves but is still low compared with pre-pandemic levelsThere were 35.2% more homes actively for sale on a typical day in May compared with the same time in 2023, marking the seventh consecutive month of annual inventory growth.For the first five months of this year, the inventory of homes actively for sale was at its highest level since 2020.
Staton Jobe Guesty For Hosts Frustrations
13 June 2024 | 31 replies
You can adjust prices on booking.com so that they are higher to make up for the larger commission fees. 
Chris Heinmiller Tax Deed to BRRRR
10 June 2024 | 0 replies
.- Adjusted Purchase Price/ Max Bid: $210,840.80- I start with the 1% rule (thus why I start the analysis by looking at rent) and then adjust the price based on the potential pay-out from a cash-out refi and equity position on the property- more on this in a second. - Potential Investor payout (15%): $242,466 - Rehab total: $76,480.00- I just used $40/ sqft for an estimate.