
21 October 2018 | 3 replies
I had a great conversation with @Kay Kay Singh today about the depreciation of gas stations, and thought I would share some relevant information regarding the tax laws for the general benefit of the BP community.Gas Stations (or 'retail motor fuels outlets' as they're called by the IRS) are depreciated over 15 years, and not 39 years like almost all other commercial properties.If any one of the following three criteria are met: It is not larger than 1,400 square feet. 50% or more of the gross revenues generated from the property are derived from petroleum sales. 50% or more of the floor space in the property is devoted to petroleum marketing sales.Here is the link to the IRS publication on this subject where the above words were take from.

25 October 2018 | 30 replies
Easement of Necessity: Your property exists with no access to a public roadway due to surrounding properties owned by others.

19 October 2018 | 6 replies
MHPs see greater deviation from the norm than SFRs and MF; think, #pads, vacant pads, public/private utilities,RUBS ect, which further degrades the value of "rules" Plus you have a calculator on your phone, use it.

23 October 2018 | 11 replies
., military base)e) is there a major airport in the areaf) how do people commute to jobs - highways (is there access nearby) or public transportation (is there access in a walking distance)g) school ratingsh) crime reportsi) is there a supply versus demand for the type of rental housing I'm looking to buyAnd then you put it all together to see where you fit overall.

20 October 2018 | 6 replies
@Kobi Walsh: I am sure that there are many many untold stories publicly and with every syndication, there is some insight that you can learn.

3 November 2018 | 17 replies
The silverline is the only public transport to The Seaport (jobs, jobs, jobs!)

26 October 2018 | 43 replies
Free on this coast is DIY.All the information is public, you just need to know how and what to retrieve, review and analyze.I can't imagine giving away that work that for free with the hope of insuring a high risk transaction.

19 October 2018 | 3 replies
There was some zoning / publication about re-developing Ocean ave areas to make it more commercial, shops etc?

21 October 2018 | 5 replies
And if you are doing self property management, you should have a separate operations LLC for all the public interfacing, hiring of contractors, dealing with tenants and leasing, etc. with a property management contract with the asset holding entity.

20 October 2018 | 4 replies
Pay the water bill yourself, have tenants reimburse, do not have tenants pay directly for a public utility that can place a lien on the property.