Bruce Reeves
Sell rental now?
4 January 2025 | 5 replies
If I can park the 388k ($415-27k) for one year at CD rate of 4.5% and then est 300k (after paying cap gain/depr recap) at 3.0% (assume CD rates lower) that interest income of about 24 months net of ordinary income tax is about the same as my current mortgage.Trying to play devil's advocate and think why selling this year does not make sense.
Dominic Mazzarella
Turning Challenges Into Opportunities: How I Saved My Multi-Use Property Sale
14 January 2025 | 4 replies
Another was to partition the mobile home park and the self storage and the commercial tenants into 3 separate sales.
Michael Bengtson
Potential New Investor in the Jacksonville FL area
28 December 2024 | 12 replies
Some solid areas to look at are:Riverside, Avondale, Murray Hill, San Marco, San Jose, Orange Park, southern part of west side, east Arlington, pockets of the Northside.I’m on my phone so a little tough to go in great detail, but you can message me and we can find a time to chat if you’re interested.Chris - thanks for the reply.
Wayne Michalak
Value add outdoor RV, boat parking with room for expansion in SE Michigan
9 December 2024 | 6 replies
I knew demand was strong for RV and semi truck parking.
Ryan Goff
Grocapitus - Anyone have experience with them?
11 January 2025 | 168 replies
Park lane, Houston - Original projected completion 2022.5.
Brandon Toron
How to get the most cash out of my property?
13 January 2025 | 13 replies
I currently have a property that I own outright through an LLC in Overland Park, Kansas.
Julio Gonzalez
Asset Classifications for Cost Segregation
7 January 2025 | 6 replies
Non-tangible property includes buildings, land or other inherently permanent structures.I get a lot of questions on which group specific assets belong in, so I put together a list to help.Non-Tangible PropertyBuilding (27.5 or 39 Year Useful Life)Land (Non-Depreciable)Paved Parking Areas (15 Year useful life)Swimming Pools (15 Year useful life)Fences (15 year useful life)Bridges (15 year useful life)Exterior Landscaping (15 year useful life)Docks (15 year useful life)Sidewalks (15 year useful life)Tangible Personal PropertyMillwork or decorative trimCarpetAir Conditioning equipmentShelving, cabinets and display racksAccordion doors and partitionsWall coveringsInterior landscapingNeon or other signsDecorative and business specific activity light fixturesGenerators, machinery and kitchen equipmentWindow treatmentsWhat other questions do you have regarding cost segregation?
Abby Biter
My Short Term Rental Barely Profitable
8 January 2025 | 11 replies
I would definitely add beach, park, boutique/restaurant shots.
Nicolas Tow
Re Zoning Property from RS-3 to RT3.5 or RT 4
27 December 2024 | 8 replies
Congrats on your lot purchase in an awesome Chicago neighborhood like Humboldt Park.
Sebastian Nadal
Greetings from Chicago
2 January 2025 | 13 replies
I feel I have a rough idea, which is..I'm in Rogers Park, my next important step is to wait out 1.5 years until I can fully rent out the condo, but for the meanwhile get a roommate to save more money.