I am having some issues figuring out to calculate how depreciation affects my tax for a rental property. I have an example below. Is it correctly calculated correctly?
Example:
Purchase price: $1,500,000Rehab: $100,...
A lot of people here are attracted to the idea of buying Class D properties in rust-belt cities like Milwaukee. The math seems so obvious... buy a cheap duplex for a pittance, rent it out for 2% or even 3% of the purc...
Hello all,I am looking at adding value to multi-family projects with ADU's but I was curious how the values of the ADU's are appraised. I'm sure comps may be lacking in certain areas. Do appraisers value ADU's equal t...
Good Morning,For all of you who are using BP to find vendors in other markets and are responding to those of us that have premium memberships.. I want to advise that when you do that there is a simple fill in the blan...
My parents have a rental property that they are trying to sell in Pennsylvania. They currently live in Idaho, but are going to be moving in a year or two to Arkansas or Missouri to find a place to retire. I currently...
HelloI plan on moving to Boston,MA and I would like to learn more about my market or "farm Area" as they say. How do I go about doing this, and really understanding the market and economics of Boston?
Happy Holidays!I am a fairly new homeowner (less than 2 years) and haven't began my investment property journey yet. We are interested in refinancing our VA loan if it is worth it. Current rate is 5.75 and credit scor...
When you guys are investing in Indianapolis from out of state. How do you guys make sure your agent doesn’t miss anything (possible small repairs (not going to be detected by inspection ) or other factors when he does...
Hi everyone!For a 1031 exchange, I'm aware that you must identify a property within 45 days, and acquire the property within 180 days. My question is: are you only able to acquire properties in that 180 day period tha...
I'm dumbfounded by this behavior but see it all the time. I'm trying to buy properties. I'm a well-qualified, licensed broker and don't need representation. I don't have MLS access because I don't need it when buying ...