Lisa Zoubi
Financing on a second, vacation property
29 April 2024 | 13 replies
Make sure the deal pencils out with the higher financing cost.
Julia Myers
How do you share depreciation?
27 April 2024 | 2 replies
The special allocations must have "substantial economic effect" (essentially meaning that cash flow to that partner could be impacted somewhere down the line by the allocation) When you start getting into partnership tax law and special allocations it is probably a good time to loop in an attorney and/or tax pro.
Account Closed
Ashcroft capital - Paused Distributions
29 April 2024 | 248 replies
It's cost to acquire is closing cost's, down payment, the cash at closing AND monthly cost's going froward.
DJ Brooks
Deferring taxes if 1031 doesn't work
29 April 2024 | 7 replies
So you give $100k away to a charity and you have a $50k cost basis on the remaining property.
Buck Palmer
First Real Estate Investment
29 April 2024 | 4 replies
The houses you can afford given the size of your down are ones banks are not likely to want to lend money on because their costs are about the same as for a big loan.
Robert S.
Standing water in yard and window well
30 April 2024 | 13 replies
It cost me a few hundred bucks, but it was money well-spent, because it helped me understand how to design the flood mitigation system...rather than approaching it via trial and error, I was able to build a flood mitigation system that worked the first time, and the house hasn't flooded since.
Brandon Chung
Starting out House hacking
30 April 2024 | 22 replies
Though it has a higher upfront cost, multi-family properties are generally better suited for house hacking compared to single-family homes for a few reasons.
Robert Kurka
Bothell Fix and Flip with 30% ROI
29 April 2024 | 0 replies
Make sure materials are not back ordered this will cost you time and money Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Don Konipol
Why I will no longer answer questions from the unknowledgeable
29 April 2024 | 113 replies
Several of our resident CPAs enabled me to learn enough to do a successful cost segregation study on one of our properties.
Marcus Auerbach
Why is Milwaukee, Wisconsin one of the hottest markets in the US in 2023?
27 April 2024 | 42 replies
Rebuilding cost by the insurance= $600kNow logically speaking, FMV should be >= Rebuilding cost.