While it's certainly subjective, what is the price point where you divide "cheaper" vs.

The Cape (Barnstable County) is its own world - in fact, it has its own MLS (Cape and Islands MLS), which the rest of the state has no direct access to.Boston and Cambridge should definitely be grouped as one.PS - I can just imagine some reader from Texas wondering how Plymouth and Cape Cod are different market areas when they're only divided by a bridge!

I always recommend finding the information yourself but here’s what I know.The city is divided into a handful of districts and only a certain number of STR permits are issued in each district depending on various criteria.

So minus closing cost (assume 5%) $20K ... which leaves $180K ... minus taxes (assume 15%) $60K ... which leaves $120K ... minus what we put in for rehab $50K ... which leaves $80K ... divide that by half $40K to my Aunt and $40K to my brother & I.Technically, $90K ($50K for rehab + $40K from sell) for my brother & I.

My backyard is pretty big, I want to divide the yard in half and build the unit on one side where it already has its own entrance to the side of the home.

Find what you are willing to spend and then divide that by half since assessed values are somewhat of a lagging indicator.

I was little confused about this.CAP RATE = NOI / COSTthereforeCOST = NOI / CAP RATEis okay for me, but in Brandons case the Cost is $580k (purchase price of the apartments), when I divide the NOI of $70k with $580k I become 12.06% CAP Rate.

As already stated, first step is to speak with an attorney since there are many legal ramifications for putting your home into an LLC.You'll find the consensus divided on LLCs for rental properties.

From that point forward, he deducts only the interest portion of his payments.Each payment that seller receives, including down payment, is divided into 3 parts:Fully taxable interest componentNon-taxable portion of the principal component (return of the $180k, more-or-less)Taxable portion of the principal component (taxed under a mixture of capital gain rate and depreciation recapture rate)Details and formulas are quite complicated.Special rules for sales between related parties.

I was thinking that I could divide the land into 2-5 lots with over an acre each and build homes to match the other built on the street so they would price around the same.