
18 June 2024 | 3 replies
You will owe one year’s depreciation recapture but that should be a 25% tax on 3.6% of the building value, less than $900.

18 June 2024 | 8 replies
Im in Massachusetss so I had Mass save (program to help with energy usage paid for by the utility companies) come through to do an energy assessment and identified there is little insulation in the entire building and that there is a lot of knob and tube wiring throughout the property.

19 June 2024 | 14 replies
A cost segregation will not classify the whole building as 5 year.It will classify some as 39 year, 15 year, 7 year, 5 year and 0 year.The items classified as 15, 7 and 5 year will be eligible for bonus depreciation.Since bonus depreciation is currently 60% for 2024, you will still be depreciation some of the remaining depreciable assets over the next 15, 7 and 5 years.A majority of the building will still be classified as 39 years which still gives you a good amount of depreciation into the future.

19 June 2024 | 8 replies
I'll address your second paragraph with where you are talking about a 10+ unit building. 20% has historically been a minimum down payment (I'm saying minimum...it might be more down from lender to lender) on commercial property.

19 June 2024 | 5 replies
Go to BUILD YOUR TEAM at the top of your screen, and you can search for other MEMBERS or LOCAL MEETUPS.

18 June 2024 | 56 replies
Build 2 CO Sept 2023Build 3 CO Nov 2023Apprised at $535K.

18 June 2024 | 13 replies
., like @John Underwood said, Houfy can provide you with everything you need for a stand alone site but I don't believe that it allows you to have your own links like a .com address.If you want that, then you can figure out an address for your site and look at Wordpress as a way to build it up.

18 June 2024 | 12 replies
How long did it took to build all?

18 June 2024 | 5 replies
While I finish school I want to work, at some level, for a brokerage and continue to build the savings and connections needed to start investing in my own properties / making a career in real estate.

18 June 2024 | 9 replies
My parents live in the Katy neighborhood.It is very safe and from what I understand, has a good school system.A lot of the homes are 'newer builds' since it is still a relatively new neighborhood.You are also in downtown houston in about 30 minutes during non-rush hour times using the I-10 highway.I don't think you can get the 1% rule anymore in the area but close to it.Since the homes are newerish, hopefully the property won't have too much renovation / repair costs.Best of luck