Brian Ellis
Commercial building - how they’re appraised
19 March 2022 | 2 replies
Brian, the appraisers I have worked with in financing commercial multi family properties usually derive a pro forma P&L and Stabilized value as follows:Studios are usually cheaper than 1 BRs in terms of street rent, but usually yield more on a PSF basis.
Evguenia W.
How to file taxes on a property given a gift
28 March 2022 | 4 replies
Quote from @Eddie L.: 50% of $104,000 which means $52,000 of depreciable basis since you rented out 50% of your property.
Deven L. Richardson
Looking to expand my network, connect, and find mentorship
18 March 2022 | 3 replies
@Deven L.
Jose Varnadoe
New investor in need of advice and contacts
19 March 2022 | 8 replies
I'm trying to talk my son into getting his CD l's and wondering which companies are good to kind of push him towards.
Nat Serrano
How much will I pay in capital gain taxes?
11 April 2022 | 15 replies
@Eddie L., It does not matter if @Nat Serrano took depreciation or not.
Wendy Jiang
Need a place to vent about my cheap tenants
21 March 2022 | 16 replies
Quote from @Eddie L.: @Wendy Jiang Full disclosure I have no real estate experience yet, hopefully soon.
Christina L.
Advice on Paved driveway
27 March 2022 | 10 replies
@Christina L., I think this is an acceptable solution.
Robert Anderson
Does anyone have experience or thoughts on Exp?
2 April 2022 | 10 replies
I quit John L Scott here in Washington State and moved over to eXP.
Tom Seigold
What formula is used by lenders in calculating P&I?
27 March 2022 | 9 replies
Quote from @Eddie L.: @Tom SeigoldYou want formulas instead?
George Habator
If Roth IRA is converted to traditional, is it deductible?
1 April 2022 | 9 replies
Quote from @Eddie L.: Can you elaborate?