Jonathan McKay
Under Contract for a 12-plex, should I cost segregate?
I've just come under contract for a 12-unit apartment in Spokane, WA that was built in the 70's and remodeled in 2014. Purchase price was $720,000, and I intend to hold on to the property for >5 years. It is not pa...
Chase Randolph
Home Inspectors...Who to Hire?
Hello all!I am under contract on my first house! It is a duplex that my girlfriend and I are going to house hack..exciting stuff!! My question has to do with hiring a home inspector. There seems to be two different...
Trevor J Dammon
How does building age affect underwriting?
I'm looking to begin my investing journey with an owner occupied duplex. I'm looking in the Minneapolis area. My plan is eventually to move out and keep the duplex as a REI. One thing I have noticed is that most of t...
John Buchanan
Bonus Depreciation, New Windows and HVAC, Duplex
my duplex needs new windows and a new HVAC. my understanding is these two items might qualify for the 100% bonus depreciation. the property has generated very little rental for 2018. is it possible to pay for these ...
Account Closed
All You Need to Know About Concrete Batching Plants
Concrete has become one of the most important materials used in the construction industry. It is versatile and can be used for a vast range of applications, including pavements, buildings, dams, and roads. In order to...
Charles Baker
Cost segregation - SFR acquired in 2021 followed by full reno
Scenario: We acquired an SFR in the Southern California mountains in 2021. Over the past 15 months we've been doing major renovations. Work is basically complete. First STR guest has booked for the last week of 2022...
Jean Francillon
Traditional IRA OR Roth IRA
I have a traditional IRA with Merrill for the last 5 years. And I just open a with IRA with TDAmeritrade. Should I transfer my account from Merrill to the New Roth IRA? Or should I keep both IRA's? Need help
Jon Robinson
Hanging a swing from I joist
I have a property that is built with I joist as the structural floors. There is a cathedral ceiling in the living room which sits off the kitchen and I want to hang a Jhula swing from the joist that span the section b...
Paul Dudley
Estimating Depreciable Basis - Med Office Suite
I've happened upon an opportunity to purchase a Medical Office Condo comprising approx 12.5% of larger development. Purchase price approx 600k. This would be leased, not owner occupied. I have no real interest in ...
Joe Taylor
Treatment of Remodel Costs After Leased on New Acquisition
Good morning all... I purchased a residential property for a long term corporate client in November 2017. The client asked for some remodel work to be done and expects to move in on March 1 2018. It's pretty signifi...