I am trying to calculate a valuation - I'm breaking down building value, updates, equipment / inventory and working with seller currently on gathering numbers in regard to the business over the past 3 years to come up with a valuation.

My other question is can you please explain how to remove the building and depreciation reported under the individual tax return when transferring the property to be recorded under the partnership return?

We are 30 years old and just getting started on our adventure of building substantial side income over the next 10 years.

I've been looking at multifamily buildings in the county I grew up in here in Central Florida.

Make sure that wasn't the site where all the construction workers changed their oil, or it is not the trash site for the neighborhood, make sure it is not in the flood zone, make sure the lot size meets the building/plat regulations, check for utility access, if they have lawsuits check for judgements and liens, and IRS liens.#7 Go kill it and make millions, maybe you found a gem.

Hi guys, I want to share you of "Rental Yield" that I'm learning in Japan's property investment. It's a bit long but hopefully everyone reads this can guide me as a starter.When purchasing an investment property, it i...

You need to build a solid foundation if you want to last in this industry. 

Heck with 40k you can buy a SF with seller financing and learn, much better to actually DO and learn vs reading books or listening to some guru Hey all, I see so many posts, " I am researching, " I am doing my homework" , I am trying to build my team" "Deciding on which area" So many are TRYING but never do anything, like a hamster on a wheel, A LOT of movement but staying in the same place.

There should never be a choice between a property that cash flows and one that builds up equity from appreciation. 

@Sarah Kensinger don t forget investors can build and triple net lease their properties via a long term lease to management companies and enjoy all the benefits of passive investing.You are right .management companies who are responsible for taxes , insurance and maintenance, will make sure the property and furnishings( which they paid for) are well taken care of.