I understand that you can subtract from your tax burden on a rental property using depreciation.  I also read that it's based on the house value only, not including the land.  I am wondering how most people figur...

Hi everyone, I am currently taking a Tax Analysis class at my university and I came across Section 179 in the tax code. Based on the discussion in class, it seems that as a business owner you can elect to immediately ...

After reading the clarifying language for opportunity zones, it seems as though a newly formed real estate fund could buy an office building in an opportunity zone and hire employees to help run the fund (they work in...

Hello everyoneI am purchasing a multifamily property in a couple weeks and  I am wondering - how much depreciation expense can I take in the first year (2015 tax year)?  Since I am closing in late November, will I onl...

Here are a couple of questions. 1. What formula do you use for calculating Interior Improvements that will be factored into the Agency debt for multifamily units? 2. What formula do you use for calculating repairs and...

Hello I came across a CoC formula and was wondering if anyone in the community could answer this question.  The formula is:

CoC=(NOI - Debt Service - Cap X)/(Acquisition Cost)
What is the Cap X? There is the mont...

I have a rental property (a condo) that was placed into service 2004. I started taking the 27.5yr depreciation that year, but stopped in 2010 when it became my primary residence. However, in 2015, I placed it into ser...

We had a tenant leave our rental property in May of this year. We received about $5,000 in gross rent. The tenant trashed the property and we had to spend about $8,000 on repairs. Including new paint ($4,400) an...

My wife and I work full time jobs and are not always available to answer calls we receive from our marketing.  We have a decent voicemail set up, but I wonder how many leads choose not to leave a voicemail and move on...

My company is developing in a Master Planned community with a fortune 500 builder that owns about 90% of the project. Some roadside, water, landscape, and light improvements still need to be made for the project to be...