
15 January 2018 | 3 replies
Anyone know of any good targets to make the request or to be added to an email list?

25 January 2018 | 2 replies
If you happen to do any minor repairs before placing the property in service ( making it available for rent), those cost will also be added to the basis.

30 January 2018 | 6 replies
I am getting a bit confused about what capital improvement costs for my real estate portfolio can be immediately expensed vs need to be added to my basis and depreciated over time.

31 January 2018 | 0 replies
Lots of additions can be added.- Just over 30 mins from Boston- Grandfathered boathouseNew: - roof (30 year warrenty)- Plumbing- Electric- Each room Cable & Ethernet ReadyZoned For High End B&B or Conference Center.Previously owned by philanthropist and a Pulitzer PrizeWinningAuthor.

31 January 2018 | 1 reply
It will be added to the basis of the house and depreciated with the house.
2 February 2018 | 12 replies
@Andrew ShippyYou should be adding those amounts to basis and depreciating it over 27.5 years.You should also look to possibly selling the property so you can be entitled to up-to 250,000 of gain exclusion($500,000 if married filing joint).The fact that you brought it at foreclosure 4 years ago with some renovations done makes me believe your built in gain is significant.You should definitely talk to an accountant about your options.

3 February 2018 | 2 replies
Inspections performed for a property that I ended up not buying can be added to the basis of the property that I bought later in the year.

3 February 2018 | 3 replies
If you are not getting financing they could be paid after closing but YOU should expect to pay them if they are not paid before closing.The fines might also be adding up everyday, so even if they are paid up as of closing they might immediately start adding up again.

6 February 2018 | 4 replies
I see two issues right off the bat.First, if your current DTI is in the 35% to 45% range, they will be adding the added mortgage payments to do a projected DTI calculation.

17 February 2018 | 4 replies
In 2018 we expect another 8-10 additional entities to be added to the existing 6 entities.I consulted with a CPA that specializes in this field.