Here is your opportunity to show your brains and creative business strategies.  Let's have some fun, and see who came come up with the best idea for financing this deal.  Dazzle me with your brilliance or baffle me wi...

Question for everyone: I'm looking for an accountant/engineer who does cost segregation depreciation analyses in the Northeast, Ohio area. I just bought a duplex as an owner occupant, and I want to maximize my depreci...

We put in another offer on a foreclosed SFH. Now just waiting to see if the bank bites or not.

Listed at $46k and been on the market less than 30 days
We offered $30k cash w/no co...

Hi everyone. I am curious to how people find off market smaller multi family properties. I am talking 5-20 units. I am familiar with finding residential deals to flip and 2-4 units using things like list source, tax l...

Hello,

I recently got my first rental property in Jan 2012. My 90 year old uncle deeded the property to my LLC for free. I inherited a long term elderly tenant who has been in the home for 20+ years. She pays a v...

Hello Everyone,If my mother is to gift me $50k and I set up a payment plan to repay her, how does that work with taxes?  I had never heard of being taxed on a gift (silly me).  I was originally going to use the gift a...

What would be sufficient proof that a cash payment I make to a contractor is an expense for a project? I always have trouble with this as I do a lot of flips and have a few people who moonlight for me on their weekend...

I'm currently looking to buy a house in the Cleveland area that has some massive cash flow potential but it seems the property taxes just dropped 45% this last year.

For the last 10 years or so the property taxes wer...

Hey,

If I am looking at a properties income statement, do I add back depreciation and amortization into net income before non cash items?

For example, I have a friend who's dad wants to sell his 100 unit property fo...

Hi everyone,

I came across a property today and I plan on looking at it on Monday and I just thought I would throw it out there to see what other people think.

Here are the numbers:

$16,000 purchase price. It's a ...