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19 November 2024 | 2 replies
This may seem like obvious advice, but I'd say just get three or four quotes before settling.
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6 November 2024 | 7 replies
Really cool to see a pro athlete from Greece diving into real estate!
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1 November 2024 | 5 replies
Looking forward to hearing your experience.
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12 November 2024 | 11 replies
I understand the inspection would affect the value of the policy but I don't see why it stops me from getting the policy.Is this normal?
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7 November 2024 | 18 replies
Looking to start into real estate myself.
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7 November 2024 | 12 replies
Hi everyone I am looking to network, help in any way, and grow my portfolio.
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13 November 2024 | 1 reply
I grew up with a realtor for a mother, but she’s not too well informed on new construction.As it stands today, I have roughly 70k liquid and looking to invest in building a new construction home for profit.
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2 November 2024 | 8 replies
Ben’s biggest tip?
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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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7 November 2024 | 45 replies
I have never considered this avenue, but based on what you wrote, there are many good reasons to look more into it.