You will be required to get a foundation inspection report on top of an appraisal and you are required to pay for both.That is why I said make sure you do your research because if you pay for an appraisal or foundation inspection report and its not within guide lines you will have just wasted anywhere from $650 to $1000.00 non refundable.  

That he has very little vacancy or non paying TENANTSSo a good rental model it seems.

Good luck talking to the non-accountants about accounting.

Try this link: Publication 5653 (6-2022)

On propertyfinder.ae (non-mobile version) in the price graphs for areas like JLT, Marina from May 2021 I see price/sqft appreciating from 12 to 14%.

•Downside protection if properties are purchased requiring improvement to provide a fast increase in capital valuation – improvement means non structural renovations/work.

I have so much knowledge on start to finish process for obtaining non performing real estate and making them quality spaces for people to live in as I habe done in 4 properties over the last 10 yrs.

Hey all! For some of you investors that are purchasing in the Midwest, I'm curious what you're seeing as average cash on cash values for more purchases made with cash. As I'm analyzing properties, I'm just making sure...

If you can’t do a 1031 to a non-income tax state, figure out a year when you will have lower income and tax rates ar as low as possible.

When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that the land itself is not depreciable.