Chris Claro
1031 guidance for an unsual situation
24 June 2017 | 4 replies
First each property will have it's own basis consisting of its pro rata basis in the exchange plus the capital basis added through the improvement process.
Stewart VanValkenburg
Tax deed sale percentage buy down in Utah
9 May 2021 | 16 replies
(b) “Tax sale property” means a parcel of real property that was sold in part as an undivided interest at a tax sale in accordance with Section 59-2-1351.1.(2) If a parcel of tax sale property is sold, a tax sale interest purchaser may only receive from the sale of the tax sale property, an amount equal to the greater of:(a) the amount the tax sale interest purchaser paid for the undivided interest in the tax sale property at the tax sale plus 12% interest; or(b) the tax sale interest purchaser’s pro rata share of the sale price of the tax sale property based on the percentage of the undivided interest the tax sale interest purchaser holds in the tax sale property.(3) A tax sale interest purchaser may not object to the sale of the tax sale property if the tax sale interest purchaser receives an amount in accordance with Subsection (2).
Robert T.
Polling Landlords & Brokers on T.I.
20 April 2017 | 14 replies
A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property.Each tenant pays their pro rata share of a property's total CAM charges, which prorated share is the percentage of the tenant's rented square footage of the total, rentable square footage of the property.DSCR - Debt Service Coverage Ratio - (From Google)The DSCR or debt service coverage ratio is the relationship of a property's annual net operating income (NOI) to its annual mortgage debt service (principal and interest payments).
Michael Brown
Tax Question - 1st Property
20 June 2017 | 2 replies
Or is it not worth it/should we just pro-rata everything between Schedule E and Schedule A on each of our individual tax returns?
Todd Krummel
Advice for selling multiple properties
29 May 2017 | 2 replies
The basis of the property is allocated to each individual unit on a pro rata basis so Each unit will have a % of the original basis and will generate a % of the net profit.
Tony Lin
How is depreciation calculated as a passive investor?
23 August 2019 | 10 replies
@Tony Lin in other words yes. the investor gets his/her pro-rata share of the depreciation (and typically other benefits associated with owning real estate) UNLESS the operating agreements spell out something different.
Joel S.
Parents Self Directed IRA, any investment options?
5 July 2017 | 20 replies
On Page 206 he indicates that the same structure is permissible with an IRA and an individual cash investor (whether they would otherwise be disqualified or non-disqualified) as long as any future contributions are pro rata to their initial investments and neither buys additional interests.
Pete Edmonson
Offering your property's depreciation to a private investor
6 July 2017 | 6 replies
You can specify something like "all income and expenses are to be split in a pro-rata fashion according to ownership percentages, except for depreciation which shall be split as follows".Then write up how you want that split.
Nick Leamon
Commercial Office Space Investing
1 September 2017 | 5 replies
You may require them to have that as well, but they pay your insurance (monthly, to you, as part of the pro rata charges).You are right in assuming office space has longer vacancy than residential, but the tenants stay longer.Repairs should be passed along to a tenant.
Patrick Senas
HELP!! Market Rent Appraisal LOW, contingency already removed
21 August 2017 | 20 replies
Since conventional loans monthly payments are just PI and VA is the pro rata PITI, does that give conventional more leeway for their DTI calculations?