I am about to sell a rental 3-unit property that has had a good bit of depreciation of my purchase price + the depreciation of the improvements I added, new appliances etc. When I sell the property I am I responsible ...

Hi everyone! I'm a new investor who's recently purchased a property in the Malibu Groves area, close to some impressive mansions. Despite its awful reputation, I see great potential due to its proximity to key attract...

Hello BP,I'm working on getting a boat/RV storage facility built. When it comes to refinancing will the parking spaces/covered spaces income be considered in the appraisal value when it's time to refinance? Is there a...

Hi Folks,I just was curious what other people would do. I have a long term tenant in a duplex. I have let her paint her walls and when she wanted to upgrade ceiling fixtures, I had them installed for her and she paid ...

I would imagine I have to depreciate it... but the bill is separated into materials and labor.Depreciate the materials but expense the labor?Thank you,Arnie

My life is taking an expected turn and I'm in a kind of pinch. I have to sell my house and need to stay somewhere until it's sold.- Are there websites where I search for a furnished place for a few months for adequate...

I've searched the forums and haven't found any discussions that address a couple questions I have about calculating cost basis of a rental property.1) I know that to determine cost basis, you need to multiply the purc...

"You are the average of the five people you spend the most time with" - Jim Rohn"Tell Me Who You Spend Time With, And I Will Tell You Who You Are"What have you had to change in your life to to gain better friendships?...

Bought in 2011 for $1.1mil with $200K down owner carry at 5.85%.CAP rate of 6 values it at $1.7mil.  Rents are slightly below average for the area.I need to do some capital improvements.  Roof, parking lot, sign and l...

I've done improvements to my multifamily and I am looking to refi. Loan officer is asking for the value of the property. How can I give him an accurate price with going over or under the value of the home?