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16 November 2024 | 17 replies
Don't give names or addresses, but simply ask hypothetically.
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15 November 2024 | 17 replies
Seems to me whatever % you would give up would be offset by simply renting out the upstairs unit.
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9 November 2024 | 21 replies
I thank God in the name of Jesus Christ for returning to the industry.
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14 November 2024 | 1 reply
I’ve heard from some investors that are perfectly okay with simply breaking even on rental properties in the current market, but I’ve never had the risk tolerance for that.
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14 November 2024 | 5 replies
I've learned over the years that real estate investment is simply a math problem.
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19 November 2024 | 26 replies
In your case, I would simply point out that they forgot to give a value for that space.
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13 November 2024 | 2 replies
Imagine you bought a property for $2M.The land (excluding any structures) is valued at $400K.Since land is not depreciable in the eyes of the IRS, we subtract the land value from your purchase price to get your depreciable basis.Your depreciable basis is simply where a cost seg engineer starts from when allocating your eligible assets into either 5, 7, or 15 year property.In the scenario above, your starting basis would be $1.6M since your basis = your purchase price - the land value.Having an accurate land value is essential to getting your depreciation/bonus depreciation calculations right.This is the starting point for any cost seg study that you do.
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13 November 2024 | 2 replies
I've had some early success but thought I would put it out there:So simply put...
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14 November 2024 | 7 replies
They may want to extend for a year after the 6 months at a discounted LTR rate or it is simply a transition place while they look to buy, etc
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15 November 2024 | 25 replies
Right now, the technology is not yet suitable for small projects, simply because the transactional costs are way too high and there's no secondary market.