
10 April 2024 | 2 replies
@Andy Ciordia.....its just as easy as "Hey do you offer any discounts since I have multiple properties that need work"As a person who does work in the Home Services Industry, it costs the vendor the same amount of time (most likely money too) do the work whether its 1 or 2 properties.

10 April 2024 | 4 replies
thank you Have you improved the value or purchase at a significant discount?

11 April 2024 | 2 replies
., 17.5 years remaining for residential property).New Schedule: Simultaneously, start a new depreciation schedule for the additional cost basis attributed to the replacement property, following standard timeframes (27.5 years for residential, 39 years for commercial).Option 2: Treat as New AssetCombined Basis: Treat the entire cost basis of the replacement property (carried-over basis + additional funds invested) as if it were a newly acquired asset.Single Schedule: Depreciate the total cost basis over the standard timeframe for the replacement property type (27.5 years for residential or 39 years for commercial).If you choose option #2, you need to file an additional form (4652) with your tax return.

12 April 2024 | 11 replies
Use all those in addition to location, distance to activities etc to come up with your plan.Frankly, your cash flow analyzer should work just fine if it works for your own personal deals.
13 April 2024 | 19 replies
Consider purchasing additional investment properties such as rental homes, commercial properties, or even shares in real estate through investment trusts.Consider investing in stocks, bonds, or mutual funds through a broker or online investing platform.

12 April 2024 | 22 replies
You should first be concerned about the return of your investment before the return on your investment.Part of that includes being added as an additional insured as a lien holder.

12 April 2024 | 16 replies
Does your Mom have some additional funds to leave you for maintaining the home while step-dad occupies?

11 April 2024 | 4 replies
I will wait until we've held the lot for at least 1 year to avoid additional taxes owed per my CPA's advice.

12 April 2024 | 40 replies
Landfills make me think: odor, smoke, noise, bugs, and water supply contamination.Construction on top of landfill: additional costs, abnormal settling, off gassing, heavy metals, and surface leaching if a capping fails.

10 April 2024 | 11 replies
The takeaway here is to become familiar with determining loan quality for yourself when working w/ a broker.In addition to the capital gains issue Jeff mentioned, there is cash drag.