Bob Dole
Cost Segregation -- What is the true benefit of the accelerated depreciation?
9 January 2025 | 32 replies
However the most obvious benefit based on what you’re stating is that the depreciation from cost segregation will offset your $100k in taxable income from your commercial rental.There could be more benefits depending on future plans especially if you plan to sell any real estate in the near future.
Cody Maxwell
SPEC homes line of credit
29 December 2024 | 7 replies
If you’re building spec homes and looking for a line of credit, both options, local banks and private lenders can work, depending on your situation.
Andy Sabisch
Question on tenant smoking marijuana
8 January 2025 | 9 replies
you can always call or email the tenant in regards to this matter. i personally smoke as well and just would want my tenants happy and not feeling accused as its a big problem with a lot of tenant v landlord situations around the country. you can always say you got a report of the odor of weed and was just verifying the smell with both tenants on the property. you can restate your conditions with smoking. you can always ask if they are legally able to do so as well (meaning medical card). depending on how you want to handle it, if you want to make it a legal warning to the tenant as well, you should write a written letter sent by mail stating you got a report of weed and this is a written warning in case this a problem down the road, you have evidence to show the court if it gets to that matter that this is not your first occurrence. best of luck!
Jemini Leckie
Out of State Cash Flow
18 January 2025 | 10 replies
Most of our out of state investors in Pittsburgh find success depending on their expectations.
Kevin Hoover
Limited partnership to TIC - Can a child get joint property without capitol gains?
1 January 2025 | 4 replies
Converting the partnership into a Tenancy in Common (TIC) could work, but keep in mind this requires dissolving the partnership structure and redistributing ownership, which may have tax implications depending on how it’s handled.
Chrissy Smyth
Rental in depresses area and minimum requirements
8 January 2025 | 3 replies
So, depending on the type of report and level of detail you may be able to investigate that.
Jeffrey A.
Should I use a HELOC for first my first flip or find other means?
12 January 2025 | 10 replies
(The difference in rate depends on the deal structure, e.g., the ratio of rehab dollars to purchase price.)Like a HELOC, you only pay interest each month on the loan.
Angelo Llamas
Taxes on a new rental
30 December 2024 | 6 replies
The one you select really depends on your needs and bookkeepers preference.
Gene D Stephens
Looking for Advice on Investment/DSCR loans
8 January 2025 | 10 replies
These are typically interest only and require a payment of 1-4 points up front depending on your area and the PML.
Natasha Rooney
Multifamily Properties in Indianapolis
17 January 2025 | 13 replies
Obviously, a lot depends on your price range here and exactly what you're looking for.