Christopher Smith
Re shingle Roof - Tax Treatment Expense or Capitalize
Will likely re shingle an 18 year old SFR's roof in the next 12 to 18 months. No major structure work will be required, nor removal of old shingles. Will likely run around $6,000. I've seen some fairly aggressive back...
Jeff Kehl
Land held by a life estate?
I only just recently learned what a 'life estate' is and why someone would do that. But I came across some raw land that is up for tax sale that the title is held by 'John Doe Life Estate'. So I'm wondering why anyone...
Thierry Van Roy
Ownership upon death strategy?
So I searched the forums and elsewhere, but couldn't find anything on this.
A few years back, a trend started in France wherein people would check out elderly living in prime real estate. The idea is that you...
Julio Gonzalez
Cost Segregation Asset Classifications
Cost segregation utilizes the MACRS approach. The key is to identify personal property from real property. Tangible personal property identified in a cost segregation study is what allows you to accelerate depreciatio...
Martin Potokar
An Ounce of Prevention Worth a Pound of Cure
Premise Based upon what we have witnessed in conducting commercial property condition assessments (PCAs) and commercial property roof inspections for over 30 years, we can definitely state witho...
Jake Song
How To Fund Real Estate Using Cash-Rich Life Insurance Policies
I want to start by going over the benefits of investing in real estate. Then I’m going to go over the common pitfalls real estate investors face. And finally, I’m going to demonstrate how leveraging cash value life ...
Rich Hupper
Life estates how do they work?
I do not have much experience with life estates. Would it be possible for a homeowner to give me a life estate remainder interest in their property for some sort of valuable consideration? Is consideration even needed...
Peter Aziz
CapEx Accrual when Analyzing a Deal
Good morning BP Family! I hope everybody has had an amazing week and is looking forward to an even better weekend! I'm still on the hunt for a new acquisition and am looking for SFRs or multi units in the Indy area (b...
Spencer Krautkramer
Mortgage Protection Insurance
I’ve gotten a couple letters in the mail after just recently purchasing my first property - they are about Mortgage Protection Life Insurance or Mortgage Payment Protection Programs. Is this spam or legit...
Liz P.
Fixed Life Lease Tenant Question
Hi all!
I recently inquired about a triplex in my area that has a pretty unique renting situation. Units 2 and 3 are rented out month to month with no formal lease in place. They have lived there 5 and 15 years and s...