Hey guys! My name is Andrey and I am from Saint Louis, Missouri. I am accountant by trade and also very interested in learning about real estate investing. I would like to get involved in helping real estate investors...
Hi!, I'm busy investigating prefab options for a 1000 sqft, ideally 3br pre-fab option to throw behind my home in Oakland, CA. The lot in question has a very large and empty backyard, so it'll be easy to carve out 100...
I bought and furnished a new rental property in 2019. I did use bonus depreciation for the cost of furniture, but I lumped the property improvements (mainly new hvac, water heater, windows) in with the building and ...
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
I'm looking at a rental property. The garage roof is in terrible shape and needs to be replaced. Would this be depreciated at 27.5 years or is there some way to take the expense all this year? The house is currently r...
Hello,If an empty lot that is zoned for mix use. Is there a bank or credit union that offer a loan for it? Plan is to build business and residential. I don’t want hard money lending since cost is too high and I have t...
View reportPlan on using an FHA loan and occupying one of the units.
Hi everyone - I purchased my first property last year and I'm starting to put together my taxes for the year. I purchased the property in May and repaired it over a couple of months before placing it into service in J...
Hello to all..How do you or should you incorporate reserve funds into the APOD when figuring out what a property is worth? Since technically it is not an expense (at least I believe not) but a capital investment that...
Hello,I have a 15 year old HVAC systems in my multifamily duplex and I think both the units have reached end of life.i came across mr cool mini split 24k btu on sale for $1500 and thinking about replacing my old HVAC ...